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The situations encountered in the practice of accounting and auditing are too complex
and too varied for all specific answers to be set forth in a body of official rules.
Therefore, individual Accountants must resolve many situations, based upon their
general knowledge of accounting, their experience, and their ethical standards-in
short, their professional judgment.
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How often is the recording process in accounting?
How often is the recording process in accounting?
Which accounting principle directs the depreciation process?
Which accounting principle directs the depreciation process?
Why accounting is a means rather than end?
Accounting is a system. Like with all systems it is only as good as the information entered into it, although it does provide some checks and balances. If not all the information is entered, or if the information is entered incorrectly then the system is useless.
3 important activities in accounting process?
real accounting, nominal accounting,personal accounting
What is accounting cycle or process?
The sequence of activity which are followed in an organization,where accounting is pratise.the sequence of accounting procedure used to record classify and summarize accounting information is known as ACCOUNTING CYCLE/PROCESS.
What does judgment entered mean on a divorce?
When you are going through the process of divorce, it is not finalized until a judgment is approved and entered by the court. The Entry of Judgment gives you a date of divorce, and means your divorce is final. Even when the divorce is final, you can file for Modification if you meet the legal standards.
Where is the actual date of divorce on decree?
The date the judgment was entered. In some states there is a short period before the decree becomes absolute but the date of the decree is the date the judgment was entered.The date the judgment was entered. In some states there is a short period before the decree becomes absolute but the date of the decree is the date the judgment was entered.The date the judgment was entered. In some states there is a short period before the decree becomes absolute but the date of the decree is the date the judgment was entered.The date the judgment was entered. In some states there is a short period before the decree becomes absolute but the date of the decree is the date the judgment was entered.
What is memorandum of judgment?
Memorandum of judgment is a brief summary or outline of a judgment which specifies the name of the court that entered the judgment, date, amount, name of the party in whose favor and name of the party against whom entered.
How long do you have to appeal a judgment in Florida?
30 days from the date the judgment is entered
What happens if judgment entered for car repossession in Texas?
It goes through a legal process, and if you fail to get your vehicle back, it will be auctioned of to help fund the government.
How often is the recording process in accounting?
How often is the recording process in accounting?
Does a contract with an attorney end after the judgment has entered against you?
No.
What is the difference between an agreed judgment and default judgment and will both have equal impact on credit ratings?
There's no difference in how the judgment is entered on a credit report. An agreed judgment indicates the debtor(s) appeared in court but did not have a valid defense as to why the debt was not owed, therefore a judgment was entered against him or her. A default judgment indicates the debtor(s) did not appear in court thereby forfeiting the right to defend the suit, resulting in a default judgment being entered in favor of the plaintiff. The execution procedure of either type judgment is also the same.
Which accounting principle directs the depreciation process?
Which accounting principle directs the depreciation process?
What happens if i don't pay?
If you have had a judgment entered against you and have not paid, the prevailing party can request that the court garnish wages or property in order to pay the judgment entered against you. -J
What if you have a judgment against you but don't have the money to pay?
If you can't pay the judgment, it will continue to accrue interest at a rate that is generally established by the state legislature each year. State law will provide that the judgment is enforceable for a fixed number of years, the number being established by the statutes of the state in which the judgment is entered. There will also usually be a process by which the judgment creditor can renew the judgment's life for one or more successive periods.
Why accounting is a means rather than end?
Accounting is a system. Like with all systems it is only as good as the information entered into it, although it does provide some checks and balances. If not all the information is entered, or if the information is entered incorrectly then the system is useless.
