27 Apr

Cost Accounting Definition, Objective

Content Important Terms And Principles Cost Accountants Should Know Decision Making Additional Products Cost Accounting Definition And Examples Indirect Costs Operating Costs So cost accounting is needed to provide a framework for cost control. This is facilitated by the cost accounting through the use of its tools and techniques of marginal costing, break-even analysis, standard costing and variance analysis and budgetary control etc. It includes the ascertainment of the cost of every order, job, contract, process, service or unit as may be appropriate. It is a [...]

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22 Sep

T Accounts And Trial Balance Flashcards

Content General Ledgers And Double Video Explanation Of T Accounts Types Of Accounts In Accounting: What Method Is Used To Detect Errors When The Two Columns Of The Trial Balance Are Not Equal? General Ledger Transaction Example A T-account records the financial transactions of a business by employing double-entry bookkeeping. It is an informal term that received the name because of its appearance in the bookkeeping. While entering financial transactions, a big T-shape is drawn, and the “T” is given a title which is entered [...]

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22 Sep

Which Of The Following Is True? A An Allowance For Doubtful Accounts Is A Contra Asset Account And The Normal Balance Is A Credit B An Allowance For Doubtful Accounts Is A Contra Asset Account And The Normal Balance Is A Debit C An Allowance For Dou

Content What Is The Purpose Of An Accumulated Depreciation Account? Accumulated Depreciation Examples Of Contra Assets Business Contra Expense Definition Health Is A Contra Account An Expense? Equity Contra Account This item is integral to a balance sheet, the financial synopsis that provides a glimpse into a company’s assets, debts and investors’ money. The contra asset account Accumulated Depreciation is deducted from the related Capital Assets to present the net balance on the parent account in a company’s balance sheet. Bad debts mean those amounts that a [...]

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03 Jun

General Ledger Vs Sub Ledger

Content Boss Your Finances With Sage 50cloud How To Get Your Small Business Finances In Shape Debits And Credits Improve Your Year End Closing By Avoiding These 5 Accounting Myths Nature Of General Ledger To Sub Example Of An Accounts Payable Subsidiary Ledger How To Prepare General Ledger To Sub They group similar types of accounts and roll the total of those transactions to the general ledger. It is useful to consolidate related accounts, as it makes it easier to analyze and cleans up the overall general [...]

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15 Feb

Fixed And Variable Costs

Content Learn More About Variable Cost Methods For Separating Mixed Costs In Managerial Accounting Manufacturing Mixed Cost Definition What Are Mixed Costs? Relevant Range Fixed Costs Are Allocated Under The Absorption Basis Of Cost Accounting A mixed cost is one that has both a variable cost and a fixed cost. Some examples of a variable cost include commission and fuel usage. A fixed cost on the other hand, remains unchanged no matter production. Examples of a fixed cost include base salaries and basic monthly cell phone [...]

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08 Dec

Guide To Choosing A Legal Structure For Your Business

Content The Business Form And Its Impact Why Is It Important To Know The Types Of Businesses? Partnership Advantages Ownership And Stock Types Of Business Structures Types And Forms Of Business The company organisation helps to mobilise savings of the community and invest them in industry. It facilitates the growth of financial institutions and provides employment to a large number of persons. It provides huge revenues to the Government through direct and indirect taxes. “Thus, a company is an artificial legal person having an independent legal [...]

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18 Sep

Handbook Of Governmental Accounting

Content Related Terms The Basis Of Accounting Criticizing Government Accounting Ii Federal Accounting Standards Advisory Board “fasab” Who Pays For The Gasb? Online Government Accounting Courses Gasb 48: Sales And Pledges Of Receivables And Future Revenues And Intra What Is The Governmental Accounting Standards Board Gasb? Governmental Accounting Standards Boardor “GASB” shall mean the governing body which has established the hierarchy of authoritative Generally Accepted Accounting Principles for state and local governments. In October 1990, three officials responsible for federal financial reporting established the Federal Accounting Standards [...]

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21 Aug

Family Code Chapter 154 Child Support

Content What Are The Different Types Of Arrears? Child Support Income For Qualifying Metroplex Mortgage Services, Inc Fha Loans With Child Support Payments Mortgage Guidelines Child Support Payments In Debt To Income Ratios The Title IV-D agency shall annually promulgate tax charts to compute net monthly income, subtracting from gross income social security taxes and federal income tax withholding for a single person claiming one personal exemption and the standard deduction. The court may, on its own motion or on a motion of the obligee, [...]

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09 Jan

Accounting Cheat Sheet

Content Accounting Period Why Is An Increase In Inventory Shown As A Negative Amount In The Statement Of Cash Flows? Introduction To Financial Accounting The 4 Sectors Of The Cash Flow Statement You Need To Know To Survive Overview: What Are Capital Expenditures Capex? Interpretation Of Cash Flow To Net Income Ratio Accounting Articles A loss is reported on the income statement when a company sells a long-term asset for less than the asset’s book value. If the company sells its old delivery truck for $5,000 and [...]

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05 Apr

2 Manti Court Indianapolis In 46222

Content We Save You Money And Increase The Value Of Your Investment With Straight Can I Make Edits To The A Step Ahead Management Llc Corporate Office Data If I Own The Company? Our Company A Step Ahead Management Llc In Carmel, In Reputation Management Property Types We specialize in property management of executive homes for lease in the metro indianapolis indiana area. Searching for a step ahead management llc corporate office? PFT’s Week 18 2021 NFL power rankings – NBC Sports – NFL PFT’s Week 18 [...]

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