What are service companies, Accounting Basics

Assignment Help:

Q. What are Service companies?

Service companies carry out services for a fee. This group comprise law firms, accounting firms and dry cleaning establishments. The early section of this text describes accounting for service companies.


Related Discussions:- What are service companies

Explain about purchase discounts, Q. Explain about Purchase discounts? ...

Q. Explain about Purchase discounts? Purchase discounts frequently companies purchase merchandise under credit terms that permit them to deduct a stated cash discount if they p

Calculate the cutoff price and gross benefit, Bill is an avid angler. His f...

Bill is an avid angler. His favorite fishing location is Willow Lake, which supports year-round sport fishing. His monthly demand function for fishing at Willow Lake is given by x

What do you eman by expenditure, Q. What do you eman by Expenditure? Ex...

Q. What do you eman by Expenditure? Expenditure -- an expenditure takes place when something is attained for a business -- an asset isbought, salaries are paid and so on. An ex

Example of perpetual inventory procedure, Q. Example of perpetual inventory...

Q. Example of perpetual inventory procedure? The Perpetual inventory procedure Companies use perpetual inventory procedure in a range of business settings. In the past companie

Accounts receivable departments, What are the components or materials used ...

What are the components or materials used by Accounts receivable departments? Ans) Accounts Receivable department is very vital department of the company. The responsibilities o

Difference between debit and credit, Difference between Debit and  Credit ...

Difference between Debit and  Credit Debit- used to record employer's FICA taxes, state unemployment taxes and federal unemployment taxes incurred during an accounting period

Inventory, 20 hypothetical inventory transactions both sale and purchase

20 hypothetical inventory transactions both sale and purchase

Preference shares, how to account for the preference shares held by the inv...

how to account for the preference shares held by the investor

Course project, how to develop a course project having to do with writing n...

how to develop a course project having to do with writing notes for a fictitious annual report

Starting , Define Accounting. Briefly explain the accounting concept which...

Define Accounting. Briefly explain the accounting concept which guide the accounting at the recording stage?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd