Types of fixed asset in accounting
How many kinds of fixed asset are there in accounting? What are they?
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The immovable assets are termed as fixed assets.
There are five types of fixed assets are there as:
• Land • Plant & Machinery • Vehicles • Buildings • Furniture
Describe Long Holding Period briefly with suitable example?
What is Purchase. Briefly state the definition of it?
Conspicuous Consumption: It is the phenomena of spending money on services and goods which are not required but keeping them gives you a high social status. Those things are kept mainly for the purpose of displaying and creating a false image of your
List the important types of the international bond market instruments.
What are various advantages for giving Cash Discount?
Security returns are found to be less correlated across various countries rather than within the country. Explain Why?
Seattle is currently considering a 10-cent tax on espresso drinks to pay for pre-school and day-care programs. The legislation’s sponsor, Rep. Burbank, argues that people who spend $3-5 on exotic espresso based coffee drinks can afford – and will be &ldquo
Super Profit Method: (Goodwill method): When a firm earns huge profit in comparison to normal profit (usually earned by other firms of similar industry) then the difference is termed as Super Profit. Goodwill is computed on the basis
Derive and explain monetary approach in order to determine the exchange rate.
To transfer amounts from retained earnings to contributed capital through stock dividends. The effect is to decrease retained earning and increase the stock account. Stock dividends also permanently retain the earnings in the corporation by moving it out of the retain
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