0
What else can I help you with?
What typically doesn't have an inventory account?
Like what type of business? An accounting firm wouldn't have an inventory account. A manufacturer would have an inventory. Think of it as if a company is selling a product as opposed to services they would generally have an inventory account.
Chart of accounts of a Law Firm?
http://www.google.com/search?q=law+firm+chart+of+accounts
What factors determine the need for cash in the firm's operation?
Operating Cash Flow is calculated using adjusting net income for items (depreciation, changes to accounts receivable, and changes to inventory).
Can a partner freeze the bank accounts of a partnership firm?
yes
is what the firm owes its creditors?
What a firm owes its creditors is referred to as its liabilities. These liabilities represent legal obligations that the firm must fulfill, typically involving the repayment of borrowed funds or outstanding debts. They can include loans, accounts payable, and other financial commitments. Understanding a firm's liabilities is crucial for assessing its financial health and stability.
What typically doesn't have an inventory account?
Like what type of business? An accounting firm wouldn't have an inventory account. A manufacturer would have an inventory. Think of it as if a company is selling a product as opposed to services they would generally have an inventory account.
Chart of accounts of a Law Firm?
http://www.google.com/search?q=law+firm+chart+of+accounts
Is Hindustan pencils limited company is a manufacturing firm?
yes Hindustan pencils limited company is a manufacturing firm company
What factors determine the need for cash in the firm's operation?
Operating Cash Flow is calculated using adjusting net income for items (depreciation, changes to accounts receivable, and changes to inventory).
What factors determine the need for cash in the firm's operations?
Operating Cash Flow is calculated using adjusting net income for items (depreciation, changes to accounts receivable, and changes to inventory).
What are the Characteristics of a firm with long operating cycle?
A firm with a long operating cycle typically has extended periods between the acquisition of inventory and the collection of receivables. This often occurs in industries such as manufacturing or construction, where production time and project completion can be lengthy. Such firms may require significant working capital to sustain operations during this extended cycle, and they often face higher risks related to cash flow management. Additionally, they may rely on strong supplier and customer relationships to manage inventory and receivables effectively.
What is the stock of unsold goods held by a firm called?
Inventory.
What is manufacturingfirm?
There's no such thing as a manufacturing firm. However, there's manufacturing factories. These factories work to convert raw materials into edible and finished goods.
Why you use tally?
we mainly use tally as an accounting software to maintain the books of accounts related to thebasic problems of every firm and business like accounting,inventory,taxation problems of the all types of companies.
Cash operating cycle?
The cash conversion cycle (Operating Cycle) is the length of time between a firm's purchase of inventory and the receipt of cash from accounts receivable. It is the time required for a business to turn purchases into cash receipts from custome.
What is Stock of unsold goods held by a firm called?
Stock on hand or inventory
Can a partner freeze the bank accounts of a partnership firm?
yes
