Valuation of receipts
Give a brief introduction of the term ‘valuation of receipts’?
Expert
Valuation of receipts is the price billed in the invoices through the supplier. Following points must be kept in mind for this function: -The trade discount is subtracted from the essential price and all other amounts as billed through the supplier are added, such as sales tax, excise duty, octroi duty, and so forth. -Joint costs might be distributed on the base of the essential price of the material. -In case of imported material, the cost of the material comprise a basic price, clearing charges, customs duty, transport chares, and so forth.
Give a brief introduction of the term ‘ABC Analysis’ and also write down is merits?
What do you understand by the term ‘Money Market’?
Describe distinguish between the term Financial Accounting and Cost Accounting?
Write down the various kinds of expenditures considered for the reason of accounting?
Give a brief introduction of the term Floating rate bonds?
Describe the calculation process of cost of idle time?
For a company to utilize funds what is the minimum subscription required?
Give a brief introduction of the term time value of money? What are the methods employed for this?
Depreciated the equipment, estimated life 5 years, estimated salvage value $5000, straight line depreciation
Briefly explain the purpose of cost accounting.
18,76,764
1940678 Asked
3,689
Active Tutors
1455425
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!