education
How is deferred revenue recorded?
What Is Deferred Revenue? Deferred revenue is a liability on a company’s balance sheet that represents a prepayment by its customers for goods or services...
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education
What are the 10 uses of Microsoft Excel 3?
Top 10 Uses of Microsoft Excel in Business Business Analysis. The number 1 use of MS Excel in the workplace is to do business analysis. People Management....
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education
What do you mean by differential costs?
Differential cost refers to the difference between the cost of two alternative decisions. The cost occurs when a business faces several similar options, a...
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What are notes to the consolidated financial statements?
Whenever a company sells a subsidiary or other affiliate or discontinues its operations, a note to the financial statements regarding this transaction app...
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How does increase in accounts payable affect cash flow?
Increasing accounts payable is a source of cash, so cash flow increased by that exact amount. A negative number means cash flow decreased by that amount. ...
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What is the impact of bonus issue?
Because issuing bonus shares increases the issued share capital of the company, the company is perceived as being bigger than it really is, making it more...
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Why did the gold standard collapse is there a case of returning to some type of gold standard What is it?
The massive cost of World War one forced many major nations to print money. In order to avoid a collapse in the value of their currency, said countries un...
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What are the disadvantages of shares?
Disadvantages are dividend uncertainty, high risk, fluctuation in market price, limited control, residual claim etc. Equity share is looked at from differ...
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Which position is shown by balance sheet?
The statement of financial position also known as a Balance Sheet represents the Assets, Liabilities and Equity of a business at a point in time. For exam...
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Which method will result in the highest depreciation in the first year?
D )Explanation: The declining balance method of depreciation results in the highest depreciation expense in the first year of use. Under Which method of d...
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