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What is accounting period concept?
Accounting period is the minimum time period for which comany prepare it's books of accounts.
If the accounts receivable turnover ratio is decreasing accounts receivable will be on the books for a longer period of time?
180 days.
How old does a debt have to be in va before a creditor can no longer place a lien on your accounts for it?
That time period varies by state.That time period varies by state.That time period varies by state.That time period varies by state.
For which type of bank savings account are you investing money for a certain period of time?
These accounts are known as Money Market Accounts.
Why does your batch file close every time?
If a batch file closes every time, it may have a problem. It might close after a certain period of time, or if it has remains inactive for a certain period of time.
What is accounts?
Accounts are records or statements of expenditure or receipts that regard a given period of time. Accounts may also be regarded as identification for people registered to an organization or institution.
Is accounts payable considered a source of financing activities?
Yes accounts payable is non-formal kind of source of finance because every company allows time for payment of accounts payable and due to that reasons it is source of finance for that time period.
The higher the accounts receivable turnover the less time is needed to collect accounts?
Yes. The accounts receivable turnover is the number of times in a period the accounts receivable is turned over. To calculate how many days, divide by the number of days in the period. For example: A/R turnover = 20Days in period = 365The time it takes to collect = 365/20 = 18.25 days If the A/R turnover = 10The time it takes to collect = 365/10 = 36.5 days
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no that msn IS fake don't waste your time trying it out like me
What is time interval concept?
In Accounting, also known as the Accounting Period Concept. Where business operation can be divided into specific period of time such as a month, a quarter or a year(accounting period) Final accounts are prepared at the end of the accounting period ie one year. Internal accounts can be prepared monthly, quarterly or half yearly.
Does Facebook shut down accounts?
Sometimes Faceboook will ban members for viotating the site rules, they may also close accounts that have been inactive for a very long time.
Accounts often need to be adjusted because?
many transactions affect more than one time period
