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.
Investor Accounting: It is an individual who commits money to investment products with the hope of financial return. Usually, the primary concern of an investor is to diminish risk whereas maximizing return, as opposed to a speculator, who is willing
What do you mean by the term Reliability which is accounting information?
What are the various Calls in Arrears? Describe it.
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
How have you observed the regulations which affect both your industry and your accounting place?
Please see attached. Do tutors provide assistance as to how they came about their answers?
Explain the term fixed capital of partners? Answer: Partners' capital is state to be fixed if the capital of Partners remains unchanged except in the situation where
The U.S. market for rice is illustrated below. The world pric
Q : Explain Dissolution 1) Dissolution ENDS 1) Dissolution ENDS the partnership. a) Action of the parties: • By the expiration of a fixed term;• If entered
1) Dissolution ENDS the partnership. a) Action of the parties: • By the expiration of a fixed term;• If entered
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