opinion
What are semester hours in accounting?
The educational requirements for California CPAs includes a minimum of 150 semester hours of undergraduate work that culminate in a bachelor’s degree. As ...
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Where is net income recorded on the worksheet?
Net income is recorded on the worksheet under the: A. credit column of the income statement and the debit column of the balance sheet. In which balance sh...
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What is called up share capital not paid mean?
Called up share capital not paid. This is the amount that has been called for when shares have been allotted but that amount has not been received as at t...
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What is the journal entry for commenced business with cash?
For real accounts : Debit what comes in and credit what goes out . For personal accounts : Debit the receiver and credit the giver. Applying the Rules : D...
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What are the three features of government accounting?
The following are the main features of government accounting. Profit And Loss. Since government is a public institution, its main objective is to maintain...
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Why is Tesco a limited liability company?
The reason for Tesco being a Plc is because of its mammoth size. Due to its size it would be hard to raise enough funds for Tesco if it was owned by a sol...
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What is the contribution margin is equal to?
Definition: The contribution margin, sometimes used as a ratio, is the difference between a company’s total sales revenue and variable costs. In other wor...
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When reporting a change in accounting principle required disclosures on the income statement include?
154, the required disclosures for a change in principle include a description of the change and the reason for it, as well as an explanation of why the ne...
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Is dividends included in Statement of Financial Position?
Paying the dividends reduces the amount of retained earnings stated in the balance sheet. Simply reserving cash for a future dividend payment has no net i...
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What is the stock bore of a Chevy 350?
4.000 inch Chevrolet Performance Model PN 101051237 late-model, one-piece rear main seal (adapter available for two-piece seal) Block Composition Cast iro...
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