garner 1903 on partnership ruling and type of ruling
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garner 1903 on partnership ruling and type of ruling
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EXPAND___________MCA
outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited
EXPAND_________SEB
What is Merchandising Accounting process
Expand---------TCSS
EXPAND_________TOEFEL
Questions on Purchase Book & sales Book .Balance sheet , Purchase & Sales Return
IN PROFIT AND LOSS ACCOUNT WE MAY EITHER GET PROFIT OR LOSS.SO WHY IT IS PROFIT AND LOSS ACCOUNT INSTEAD OF PROFIT OR LOSS ACCOUNT ?
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
what are the security data points
what is contigent liabilities? whats it status in balance sheet?
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euro currency market