本學習集中的詞語(11) general journal A journal with two amount columns in which all kinds of entries can be recorded purchases return Credit allowed for the purchase price of returned merchandise, resulting in a decrease in the customer's account payable to the vendor ...
Short Terms Provisions Benefits of Practising Important Questions for CBSE Class 11 Accountancy Chapter 1 Practising important questions will give students an overall idea about the important topics of the chapter from where the questions are most likely asked in the exam. Solving various questions for...
Estimated useful life:Every asset has its useful life other than its physical life in terms of number of years and units used by a business. The asset may exist physically but may not be able to produce the goods at a reasonable cost. For example, an asset is likely to lose its useful...
When a company issues only one class of stock. Conceptual Framework The basic concepts that underlie the preparation and presentation of financial statements for external users; can serve as a guide in developing future standards and to resolve accounting issues that are not addressed directly in cur...
2020) and use the terms “prediction” and “detection” interchangeably throughout our work. We follow Bao et al.'s (2020) terminology and refer to “raw financial data items” as financial information that can be directly obtained from the financial statements rather than computed as human ...
05.Accounting Equation Q&A 06.Accounting Principles Q&A 07.Financial Accounting Q&A 08.Adjusting Entries Q&A 09.Balance Sheet Q&A 10.Income Statement Q&A 11.Cash Flow Statement Q&A 12.Financial Ratios Q&A 13.Bank Reconciliation Q&A 14.Accounts Receivable and Bad Debts Expense Q&A ...
EachpartnerispersonallyliableforallthedebtsofthepartnershipPartnerssharealltheprofitsandbearalllossesaccordingtothetermsofthepartnershipagreementApartnershipisterminatedwhenownershipchangesthroughtheretirementordeathofapartnerTypesofBusinessownershipPar15TypesofBusinessownershipCorporationAcompanyisanartificialbodycreatedthroughlaw...
Specifies the limit on the amount of accounting data that can be stored, specifically the size of the store, in terms of time. Following is the format used: <duration>. The time unit can be day, week, month or year as specified using the characters d, w, m, or y. Such as 100d...
000. When a bond is sold for less than its face amount, it is said to have been sold at a discount. The discount is the difference between the amount received (excluding accrued interest) and the bond’s face amount. The difference is known by the termsdiscount on bonds payable,bond ...
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