People greet each other when they meet or when they are introduced to someone for the first time. This part focus on different ways to make introductions and great. The following sort dialogues counted the expression of instructions and greetings. Listen and fill in the blanks with the expressio...
So both sides of the accounting equation are the same. This is reflected in the books by debiting inventory and crediting accounts payable. What Are the Different Types of Accounts? There are 5 types of accounts that must always be used in double-entry accounting: Asset accountsrecord the mon...
Yougaingreaterconfidenceinyourself.Also,youbecomemoreoptimisticandcalmerinthemindthanbefore.Thereareseveralreasonsforthesechanges:yourself-imageimprovesasyoustartlivingintidybeautifulrooms,andyougaindecision-makingskillsasyoucontinuetochoosebetweenwhichthingstothroworgiveawayandwhichtokeep.ThewayweletgoofthingsintheKo...
When handling some items that are considered common in China, theChinese Accounting Standards (CAS)are more detailed than the International Financial Reporting Standards (IFRS). Take the case of merging two companies under the control of one entity and with similar interests. In such a situatio...
6、uble.Honesty is the best policy.People should be more careful when lying.Lying is totally unacceptable in the polite world.Liars can make a situation worse if they get caught.To argue that lies are sometimes necessary.To classify liars into different categories.To highlight the reasons why ...
Under Accounting Overview, you will find the Chart of Accounts. Charts Of Accounts What is the purpose of a Chart of Accounts? A Chart of Accounts is a
Different people hold different attitudes towards online course. Just as a saying goes, every coin has two sides, and this is no exception. For some, online course has become a trend. They are in favour of it for the reason that studen...
Fully explain how is accounting for a partnership is different from accounting for a corporation. What does a debit signify in bookkeeping? What is the role of financial accounting? What are the similarities of financial and managerial accounting?
At the same time, an accounts receivable asset account is created on the company's balance sheet. When you actually pay your bill in March, the accounts receivable account is reduced, and the company's cash account goes up. There are several different types of accruals. The most common incl...
Both are liabilities that businesses incur during their normal course of operations but they're inherently different. Accrued expenses are liabilities that build up over time and are due to be paid. Accounts payable are current liabilities that will be paid in the near future. Key Ta...