technology
What is the difference between discount and discount rate?
An interest rate is the rate you can expect to pay for borrowing money, or the rate of return you expect from an investment. Discount rate refers to the r...
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Technology
technology
What is the journal entry of received?
Explanation: Since Bank is an Asset, on receipt of cash from Bank,Bank’s A/c would be credited, as there is a decrease inBank Balance, which is an asset ....
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technology
Where is cash cash from?
Roseland, Nueva Jersey, Estados Unidos Cash Cash/Origen Who is in cash Cash? Jean Paul MakhloufGuitarra Sam FrischBajo eléctricoAlex MakhloufInstrumento d...
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technology
How do you identify debit and credit in journal entries?
Debits are always on the left side of the entry, while credits are always on the right side, and your debits and credits should always equal each other in...
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technology
How do I convert general journal to general ledger?
How to post journal entries to the general ledger Create journal entries. Make sure debits and credits are equal in your journal entries. Move each journa...
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technology
What does purchase supplies on account mean?
On account is an accounting term that denotes partial payment of an amount owed or the purchase/sale of merchandise or services on credit. On account can ...
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technology
Is office supplies used a period cost?
Examples of period costs are general and administrative expenses, such as rent, office depreciation, office supplies, and utilities. What is included in t...
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technology
Which department is responsible for payroll?
Once the net salary of an employee is finalized, the finance department processes payroll and distributes payslips to employees. The finance department is...
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technology
What does a government budget show?
A government budget shows financial accounts of the previous year along with revised estimates for current year and the budgeted estimates of government’s...
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technology
Is the rationale for why plant assets are not reported at liquidation value do not use the historical cost principle quizlet?
Is the rationale for why plant assets are not reported at liquidation value. (Do not use the cost principle.) Indicates that personal and business record-...
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