0
What else can I help you with?
Is the excess of current assets over current liabilities is called working capital?
true per my accounting book these wiki answers have helped me pass my tests!!
What are the merits of continuos inventory records?
There is something called the Opportunity cost. The regular inventory check would help in minimization of the capital tied up in excess inventory and the opportunity cost can be minimized by that. So the biggest merit of that is to lay check on the maintenance and excess tied up capital to the inventory reserves.
What type of account is paid in capital in excess of par?
Paid in capital in excess of par is called "Share premium account"
What type of account is paid-in capital in excess of par?
additional paid in capital
Capital paid in excess of par common stock?
Capital amount paid for excess of par value of common stock is called "Share premium amount" which is also part of capital of business.
Doctrine of capital maintenace?
According to the doctrine, capital maintenance can be considered accomplished if the amount of capital a business has at the end of an accounting period is the same as the start of the period. Any excess amount of capital is treated a profit.
Is the excess of current assets over current liabilities is called working capital?
true per my accounting book these wiki answers have helped me pass my tests!!
What are the merits of continuos inventory records?
There is something called the Opportunity cost. The regular inventory check would help in minimization of the capital tied up in excess inventory and the opportunity cost can be minimized by that. So the biggest merit of that is to lay check on the maintenance and excess tied up capital to the inventory reserves.
What type of account is paid in capital in excess of par?
Paid in capital in excess of par is called "Share premium account"
What type of account is paid-in capital in excess of par?
additional paid in capital
Capital paid in excess of par common stock?
Capital amount paid for excess of par value of common stock is called "Share premium amount" which is also part of capital of business.
What are the advantages of excess of loss reinsurance?
- Simplified accounting procedures - Low administrative costs
What causes increased gh secretion?
excess cell growth and division
What are health effects of aerobic exercise?
excess breathing and increased heart rate.
What is the optimum working capital?
Optimum working capital is that point where working capital is neither short from requirements nor excess working capital available at any time during fiscal year.
What is optimal working capital?
Optimal working capital is that point where exact amount of working capital is available to run day to day activities and there is no excess or shortage of working capital at any point.
What does paid in capital account represent?
par value of common and preferred stock+additional paid in capital(amount in excess of par)
