Related Questions in Financial Accounting

Q : PPE The following information is taken The following information is taken from the financial statements of an entity: 20x4 20x3 Property, plant and equipment $4,600,000 $4,200,000 Accumulated depreciation (1,800,000) (1,350,000) Depreciation expense 560,000 Gain on disposal of PPE 65,000 The asset disposed of had a cost

Q : Explain Project Accounting Project Project Accounting: It is sometimes termed to as job cost accounting and is the practice of making financial reports particularly designed to track financial growth of projects, which can then be utilized by managers to support project management.

Q : What is Assets in Accounting Assets are Assets are those resources that the business owns. Assets are the things of value owned which enable the firm to get cash or befit in future. There are mainly two types of assets: - Current assets & Fixed assets for e.g. cash, f

Q : Sale return or return inward Describe Describe Sale return or return inward in brief.

Q : What is Edge Act banks State what is State what is meant by Edge Act banks.

Q : What is Asset Disposition Asset Asset Disposition: Getting rid of the asset or security via a direct sale or some other technique. Quite frequently you will observe insider trades report a "disposition" of some number of shares; this merely means that they sold them. Q : Define purchase budget Give a short Give a short introduction of the term ‘purchase budget’?

Q : Why Liabilities are so important Why Why are Liabilities are so important? Write some of its Significance in Accounting?

Q : Meso and Macro level theories of Identify and elucidate three meso- and/or macro-level theories about deviance.

Q : Equity and social exchange theory What What is the difference between the equity theory and the social exchange theory ? Define both the theories in brief.