Define Expense
Expense: The Outflow or other using up of resources or acquiring liabilities (or a combination of both), the advantages from which exert to an entity's operations for the present accounting period, however they do not expand to future periods.
Describe fluctuating capital of partners? Answer: Partner‘s capital is stated to be fluctuating if capital modifies with every transaction in the capital accou
Write a brief note on the things which Threats to business comprises?
Write a short note on selecting strategic options and formulating the plans?
1. HulaHug Corp., which manufactures hula hoops, currently has two product lines, the Roundabout and the Sassafras. HulaHug has total overhead of $124,478. HulaHug has identified the following information about its overhead activity pools and the two
Give reasons in favor of having a partnership deed. Answer: A) In situation of any dispute or doubt, Partnership deed is the gui
Write a brief note on the things which Weaknesses comprises?
I need homework help in accounting, 10 questions there about break even analysis. let us know if you can so it
Cost Reduction: The procedure of looking for, finding and eliminating unwarranted expenses from the business to raise gains without containing a negative impact on the product quality. Most of the business managers will engage in periodic cost reducti
describe how costs can be classified giving examples in each classification. explain how the different cost classifications can assist management in decision making
Avoidable Cost: The cost related with an activity which would not be acquired if the activity were not executed.
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