what is bank of america
Answer / ameet narayankhedkar
It is a company which has various businesses including
banking, investments etc.
| Is This Answer Correct ? | 7 Yes | 2 No |
what is the difference between debenture and baond
where will be effect the amount of depreciation in company final account? If it will effect in P&L A/c & Balance Sheet also than will amount be same in both sheet?
11 Answers Global Automation, IBM,
Benjamin O'Henry has owned and operated O'Henry's Data Services since its beginning ten years ago. From all appearances, the business has prospered. In the past few years, you have become friends with O'Henry and his wife. Recently, O'Henry mentioned that he has lost his zest for the business and would consider selling it for the right price. You are interested in buying this business, and you obtain its most recent monthly unadjusted trial balance which follows: O'Henry's Data Services Unadjusted Trial Balance November 30, 20XX Cash……………………………… $9,700 Accounts receivable……………………… 7,900 Prepaid expenses………… 2,600 Furniture, fixtures, & equipment 151,300 Accumulated depreciation $15,600 Accounts payable………… 3,800 Salary payable……………… Unearned service revenue 6,700 Benjamin O'Henry, capital 137,400 Benjamin O'Henry, withdrawals 2,000 Service revenue………… 14,300 Rent expense…………… Salary expense………… 3,400 Utilities expense……… 900 Depreciation expense Supplies expense…… Total…………………………………………. $177,800 $177,800 Revenues and expenses vary little from month to month, and November is a typical month. Your investigation reveals that the unadjusted trial balance does not include the effects of monthly revenues of $2,100 and monthly expenses totaling $2,750. If you were to buy O'Henry's Data Services, you would hire a manager who would require a monthly salary of $3,000. The most you would pay for the business is 20 times the monthly net income you could expect to earn from it. Compute this possible price. The least O'Henry will take for the business is his ending capital. Compute this amount. Under these conditions, how much should you offer O'Henry? Give your reason. I have the mathimatical part ok , please give reasons on how much and why I they would offer him the amount.
what is holding companies accounts
what is contra entries defination and meaning and some example
what cunditions of charged of exise duty
please tell me about Advance Bank Gurantee & Performance Bank Gurantee
What is STP Reports
1 Answers 3i Infotech, Accel, CTS,
stock transfer his company to company what is infact?
I WANT TO DO THE CS AND THEREFORE I M WORKING HARD THE PREIOUS QUESTIONS WHICH I AM ASK TRY TO GIVE IT TIMMORROW IS POSSIBLE.
what is the difference between holding company and parent company
I have completed by Msc in biotechnology will i be eligible for this SBI P.O position?? or it is only for people who did CA/CS/economics and so on...
1 Answers Accounting, State Bank Of India SBI,