Cash Discount
State the definition of Cash Discount?
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Definition of Cash Discount: Cash discount is the subtraction from purchase price of customer, when he pays within time or before time. In another words, this encourage to buyer for buying with cash instead of buying on credit.
Define the terms Fictitious Assets?
Explain three important trends which have prevailed in the international business during last two decades.
Significant costs associated with the disposal of asset. Accounting for asset retirement obligations requires estimating the cost and discounting estimate. The present value added to the asset's depreciable base and a liability is recorded for the obligation. Every year, interest expense is added
Illustrate the difference between Accounts and Bills payable, Accounts and Bills receivable?
What are the drawback of Electronic Funds Transfer?
You are required to submit a bid to supply 200,000,000 widgets per year to the State of Illinois for the next five years. Your company has an idle tract of real estate that cost $1,500,000 ten years ago; if your company sold the land
A financial analysis tools that measures the need for financing. The formula is the cash-flow from operating activities divided by the cash paid for long-term asset. Cash paid for long-term assets can be found on the statement of cash-flow, in the investing-activities
Explain and also derive international Fisher effect.
Give a short introduction of the term ‘cash budget’? And also write down the dissimilar techniques to make it?
Why teaching of accounting is not simple. Illustrate this statement.
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