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A contra equity account, syndication cost should be reflected as a reduction of equity proceeds, or recorded as an asset before the stocks are issued and then retired once the stocks are issued.
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∙ 12y ago
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What does the acronym GAAP stand for?
GAAP is an acronym for Generally Accepted Accounting Principles. GAAP is a series of basic rules accepted by those within the accounting community to perform accounting tasks.
A common set of accounting standards and procedures are called?
GAAP - Generally Accepted Accounting Principles
What do you mean by gaap?
GAAP is an acronym for Generally Accepted Accounting Principles
Short note of accounting standards and GAAP?
short note on GAAP
Full form of GAAP?
In Accounting/Finance arena GAAP stands for Generally Accepted Accounting Principals. Eevery company has to balance their books by GAAP standards and regulations.
In Government contracting one criterion for cost allowability is that the contractor's costs must comply with Generally Accepted Accounting Principles (GAAP) and Government Cost Accounting Standards (?
true
Does GAAP require a physical inventory Why?
GAAP stands for generally accepted accounting principles, and a physical inventory is needed when using GAAP. One reason it is necessary is, if you don't account for your shrinkage by doing a physical count, your total ending inventory costs will be inflated.
What are the differences of commercial accounting and GAAP?
commercial accounting is good and GAAP stands for "gay and am proud", so i would be careful if your going to join
What does GAAP stand for?
Generally Accepted Accounting Principles. There are different types of GAAP in todays world. For example, there is U.S. GAAP (generally accepted acccounting principles in the United States) and U.K. GAAP (generally accepted accounting principles in the United Kingdom).
Financial accounting theories in practice?
GAAP
Is accrual accounting GAAP or IFRS?
IFRS
The GAAP are the generally accepted principles in what field?
Accounting
