0
What else can I help you with?
Current liabilities and non-current liabilities?
If you are asking the differences between the two, it is pretty much straightforward.Current Liabilities are any liabilities that you owe and you can reasonably pay off in one-year or less (or one accounting cycle) OR LESSNon-Current (aka Long-Term) Liabilities are liabilities that you cannot or do not expect to pay off in one year (accounting cycle), such as a Long Term Mortgage or Truck Note for examples.
Who coined the term management accounting?
The term "management accounting" was popularized by the American Accounting Association (AAA) in the 1950s, although its roots can be traced back to earlier practices in accounting and business management. The AAA sought to distinguish management accounting from financial accounting, emphasizing its role in internal decision-making and operational efficiency. While no single individual is credited with coining the term, the association's efforts helped define and formalize the concept within the field of accounting.
What type of services does the company Trust Accounting offer?
The company Trust Accounting does not exist. Trust accounting is a term describing a certain type of accounting. There is special software that will aid in the trust accounting process.
Is this a correct accounting term - Cut an invoice?
yes
What do current liabilities mean in accounting?
Current Liabilities in accounting are amounts that are owed by a business. The two types of current liabilities are short-term and long-term liabilities.
What is the difference between long-term and short-term investments?
From an accounting perspective, short-term investments have a life cycle of less than 12 months; long term investments have a life cycle of 12 months or longer.
Explain the term accounting cycle why is it cycle?
Series of steps in recording an accounting event from the time a transaction occurs to its reflection in the financial statements; also called bookkeeping cycle. The order of the steps in the accounting cycle are: recording in the journal, posting to the ledger, preparing a trial balance, and preparing the financial statements.Its is an cycle because when the financial statements are made at the end of the year and after the closing of the financial year u have to start ur business again for the new financial year. So everything u do repeats again. Hence, it is a cycle. Hope it answered the question.
What is another term for a woman's monthly cycle?
A young lady's menstrual cycle is called a period.
What are Amounts to be paid in 10 days to suppliers in accounting called?
When you carry a balance and accept supplies from a supplier that require payment within 10 days, the accounting term is net 10.
Accounting What are Amounts to be paid in 10 days to suppliers called?
When you carry a balance and accept supplies from a supplier that require payment within 10 days, the accounting term is net 10.
Current liabilities and non-current liabilities?
If you are asking the differences between the two, it is pretty much straightforward.Current Liabilities are any liabilities that you owe and you can reasonably pay off in one-year or less (or one accounting cycle) OR LESSNon-Current (aka Long-Term) Liabilities are liabilities that you cannot or do not expect to pay off in one year (accounting cycle), such as a Long Term Mortgage or Truck Note for examples.
What is another term for the hydrologic cycle?
Another term for the hydrologic cycle is the water cycle.
Who coined the term management accounting?
The term "management accounting" was popularized by the American Accounting Association (AAA) in the 1950s, although its roots can be traced back to earlier practices in accounting and business management. The AAA sought to distinguish management accounting from financial accounting, emphasizing its role in internal decision-making and operational efficiency. While no single individual is credited with coining the term, the association's efforts helped define and formalize the concept within the field of accounting.
What type of services does the company Trust Accounting offer?
The company Trust Accounting does not exist. Trust accounting is a term describing a certain type of accounting. There is special software that will aid in the trust accounting process.
What is the term for the natural circulation system of the earth's total water supply?
Hydrological (water) cycle.
What do you understand of the term generally accepted accounting principles?
acceptable in layman term
What means by?
I think you meant to ask what is depreciation. This is the value given to the wearing out of assets in accounting term. When you buy an asset like a Car the value of it will always go down as you use it. In Accounting this is called depreciation and you have to provide for it when doing the accounts.
