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Trend Analysis:
In the relative and common size financial statements, the data cannot be identified whether it is abnormal or normal as an essential standard is absent. To conquer this restrictions trend analysis can be used to analyze business data. Below this method, each item's worth over a phase of time is collected and an arithmetical relationship is ascertained. Typically, the first year is taken as the base year. In further words, under trend analysis, a base year is recognized and the values of a given item in following years are expressed as a percentage of the base year value. The stand year value is typically defined as 100, for ease of understanding or is expressed as a trend ratio.
The comparative statements of Lucille Company are presented here. LUCILLE COMPANY Income Statements For the Years Ended December 31 First number are 2012 2012 then 2011
Question 1: (a) Public accounting is said to "mirror" the budget. Explain. (b) How public sector accounting systems help in the administration of public finance? Questio
Cash Book: It is one of the Subsidiary Book which is usually used by any business organisation to record all the cash transactions which helps to know the cash position as and when
Full form= Winter compensation from contributions.
decrease in assat & decrease in capital
Q. Explain about Trial balance? Trial balance -- at the close of an accounting period, transactions posted in the ledger areadded up. A trial or test balance sheet is prepared
There is almost not, any organization that does not have an accountant. His task is all pervasive and he is included in a broad range of activities, particularly in a huge and comp
Q. Show depreciation formula with example? The depreciation formula (straight-line) to calculate straight-line depreciation for a one-year period is: Annual deprecation = (
Houston Corporation has the following stock outstanding: In 2012, Houston paid $330,000 in dividends. No dividends were paid in 2011 or 2010. Required : a)
Zack is a farmer who buys his feed and fertilizer from a farmer cooperative. In 2012, Zack purchased $300,000 in feed and fertilizer for the farm and $10,000 of household goods. Be
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