education
Which statement is based on cash basis of accounting?
Revenue is reported on the income statement only when cash is received. Expenses are only recorded when cash is paid out. The cash method is mostly used b...
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Education
education
What do you mean by duality explain?
: the quality or state of having two different or opposite parts or elements : dualism That duality—sophistication paired with authenticity on the wine li...
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education
How do I hold my rent in escrow?
If a landlord fails to repair serious or dangerous problems in a rental unit, you have the right to pay your rent into an escrow account established at th...
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education
How do you use the IBM typewriter?
Inserting Paper Use the Paper Ball Load Lever to load paper semi-automatically. The lever has three positions: closed, open and load. Turn the typewriter ...
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education
What is shadow balance in SBI?
Shadow Balance Means When the person is depositing any. cheque in bank for crediting than bank will credit his a/c. on 1st day. After 2nd day that amount ...
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education
What are the liabilities of an agent?
Personal Liability of the Agent : We have already seen that basic principle of agency is that agent acts on behalf his principal and therefore cannot pers...
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education
In which situation would a company prefer equity financing over debt financing?
The main advantage of debt financing is that a business owner does not give up any control of the business as they do with equity financing. Creditors loo...
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education
How do you create a career path?
8 Steps to an Effective Career Plan Identify Your Career Options. Develop a refined list of career options by examining your interests, skills, and values...
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education
Why do external costs cause market failure?
An externality stems from the production or consumption of a good or service, resulting in a cost or benefit to an unrelated third party. Externalities le...
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education
What are nature of financial statement?
The financial statements of a company reflect a true picture of its financial performances. They depict not only profits and losses, but also assets and l...
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