you buy a $100 asset. $25 cash, $50 debt, and $25 new
equity. Explain how the 3 financial statements (IS, BS,
CFS) will change.
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An accountant used the horizontal layout to create a balance sheet. The capital of the owner was shown next to the liabilities, the confused owner argues, "My capital is my major asset and should be shown as an asset on the statement of financial position. how to begin explaining the misunderstanding to him????
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Short Answer on _________Financial accounting
• What is BRS, with an example?
7 Answers Accenture, College School Exams Tests, Genpact, Intelenet, Mellon,
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How do u prepare Cost sheet? on what basis it is prepared how it is useful to the management?
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what is the process to return sales tax file?how can i prepared s.t. file?what should be qualification for it?
which are the basic princeples of accountancy... with examples
0 Answers Family Credit, Standard Bank,
I am a non commerce graduate acting as office manager in a construction company. I am interesting to learn accountancy thru short cut methods and in a short duration. Can any body there to help me. I will be pleased to receive any sugessions and learning tips to my e-mail
3.In TALLY,we used to call tally erp 9.like that,in sap we used to call SAP ECC 6.0.here what is ECC?,i know the abbreviation of ECC.i want to know the role of ECC?
i want the difference p&l a/c and Income and expediture statement