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What is the body of law that governs the availability and use of federal funds

Who has the final word on how much money can be spent by a given agency or program under the separation of powers doctrine

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Which stage of disbursement accounting is also known as the accounts payable stage

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Q: What would be the banks total liabilities and capital if owner's capital were half the size of other liabilities?
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What is the difference between capital and liability?

"Capital" is the amount of resources provided by the owner, while liabilities are the amount of resources provided by the owner AND other people. Assets = Capital + Liabilities


What is difference between capital and liability?

"Capital" is the amount of resources provided by the owner, while liabilities are the amount of resources provided by the owner AND other people. Assets = Capital + Liabilities


Is capital a debit or credit?

Capital is liability for business and like all other liabilities capital also has credit balance.


Method of calculating MPBF?

MPFB METHOD—Used for AboveRs. 5 crores of WC finance.—Working Capital Gap is computed=Current Assets less Other Current Liabilities.(Other Current Liabilities does not include working capital loans from other banks )Less 25% of the Current assets is the margin that borrower has to bringORActual margin in the borrower's balance sheet(Whichever is more of the two)


Advantages of share capital?

Share capital is cheap source of capital as it requires to be paid in last after payment of all other liabilities as well.


Which organizational form best enables the owners of the firm to monitor the actions of other owners of the same firm?

The organizational form which best enables the owners of the firm to monitor the actions of other owners of the same firm is a general partnership. All the liabilities of the partners are unlimited.


Why are the assets of a business equal to the capital plus liabilities?

Basic accounting equation = assets = liabilities + capitalit is so because capital as well as other liabilities have to be paid by the business at the dissolution time of business and at dissolution time or liquidation time business must have assets equal to liabilities plus owner's equity to pay all liabilities of business without going insolvent otherwise business will become insolvant and somebody will not get all it's liabilities completely cleared at the time of liquidation of business.


What is ordinary share capital?

Ordinary share capital is that type of share capital which receives share in profit in last or after all other third parties liabilities as well as preference share holders.


Business need capital from owners?

Yes or they could have shareholders and or other investors!!!


What is another name for equity?

Owners capital is the other name of equity in business.


Does paid-in-capital carry a debit or credit balance?

Paid in capital is the liability for business and like all other liabilities it also has credit balance as normal balance


Does Capital Stock go on Income Statement?

capital stock is liability for business and like all other liabilities it is also shown under liability section of balance sheet.

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