Define Goods
Define Goods briefly as an inventory?
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Goods are another name of inventory. Such are the products in which company deals. Each and every trading company purchase goods at lower cost and sell at higher price for earning gain. However all manufacturing companies purchase raw material or goods and manufacture in factory. After packing such goods, such are sold in market.
Describe the official reserve assets and some of its important components.
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
What are the goals of “Great Society” programs?
State the factors you would consider in the evaluation of the political risk related to the making of FDI in the foreign country?
Why it would be useful to examine a balance of payments of the country data?
What is Bankers acceptance and what is its role?
Financial Calculator: A financial calculator is an electronic calculator which executes financial functions commonly required in business and commerce communities.
Drug maker want to stymie generic competition. Elucidate this statement.
A journal entry that moves the effects of revenues or expenses to the owners' equity account. Only temporary account that is on the income statement is closed. The purpose of a closing entry is twofold. First, it moves revenue to retained earnings on the balance sheet
Average Profit Method: (Goodwill method): The profit earned by an organization throughout previous accounting periods on an average basis is termed as average profit. Goodwill is computed on the basis of average profit due to prospect expectations of
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