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A form of long-term debt that appears in the liabilities section of the balance sheet. A company sells bond as a way to borrow large amount of cash. The buyer pays for the bond and receives regular interest payment, annually or semiannually, for the duration of
Write a short note on why wealth creation is a longer-term concept?
Job Order Costing: A technique of cost accounting which accrued costs for individual jobs or lots. A job might be a service or manufactured item, like the repair of tools or the treatment of a patient in the hospital.
Accounts used in governmental accounting to record the budget amounts but not the actual amount. For example, at the beginning of the accounting period, the planned amount of tax revenue, revenue from license, and inflows from fines would be recorded as one amount in
Three main elements of Partnership: A) Carrying on of a business: • A ‘business’ is any trade, occupation or pr
Q : Write a short note on Not-for-profit Write a short note on Not-for-profit organizations?
Write a short note on Not-for-profit organizations?
What is Uncontrollable Cost: The cost over which an accountable manager has no persuade.
Cost Driver: Any factor which causes a modification in the cost of an action or output. For illustration, the quality of portions received by an activity, or the degree of complexity of tax returns to be evaluated by the IRS.
Briefly list out the main users of the accounting information which are related to the business?
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