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What are the three accounting issues associated with accounts receivables?
Associated accounting issues include recognizing accounts receivable, valuing accounts receivable, and disposing of accounts receivable.
How is accounting is said to be political in nature by analysing public interest theory with private interest theory?
Accounting is political in nature as final information from accounting reports has impact on the general public, whether it be a public or private company.
Replacement cost method in accounting pros and cons?
The replacement cost of accounting factors in the cost of getting new human and capital resources and the training costs associated. Companies usually undertake a lot of costs in replacing employees.
What is the accounting journal entries for penalties and interest an taxes?
The accounting journal entries for penalties and interest on taxes will go in the debit and credit columns. You debit the expense account and credit the liability account until the penalties and interest is paid.
How interest on capital treated in cost accounting?
it should be ignored
Who is the central interest of accounting?
the central interest of accounting
What are the three accounting issues associated with accounts receivables?
Associated accounting issues include recognizing accounts receivable, valuing accounts receivable, and disposing of accounts receivable.
How is accounting is said to be political in nature by analysing public interest theory with private interest theory?
Accounting is political in nature as final information from accounting reports has impact on the general public, whether it be a public or private company.
Replacement cost method in accounting pros and cons?
The replacement cost of accounting factors in the cost of getting new human and capital resources and the training costs associated. Companies usually undertake a lot of costs in replacing employees.
How do you record carried interest in accounting?
do carried interest partners have any capital ownership on books
How interest on capital treated in cost accounting?
it should be ignored
What is the accounting journal entries for penalties and interest an taxes?
The accounting journal entries for penalties and interest on taxes will go in the debit and credit columns. You debit the expense account and credit the liability account until the penalties and interest is paid.
Which company position deals with the accounts?
Accounts receivable and accounts payable are usually the two departments associated with this. The tax department probably oversees accounting in all aspects.
Is associated with the accrual concept of accounting?
Revenue is recognised when earned.
What is associated with accrual concept of accounting?
Revenue is recognised when earned.
What are the accounting journal entries for payment in kind interest on a note?
debit interest in kindcredit notes payable
What procedures are usually included in a typical payroll accounting?
Describe the procedures that are usually included in a typical payroll accounting system?
