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Accounting

Understand the language of business through the study of financial statements, budgeting, and taxation. Accounting is essential for business transparency and integrity.

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Questions
Q: Why is a sales return or allowance usually recorded in a special Sales Returns and Allowances account rather than being debited to the Sales account
1 answer
Q: Is any credit balance in a vendor subsidiary account an unpsid balance owed
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Q: What is an 'Off Invoice Discount'
1 answer
Q: What is the relevant of costing as regard cost reduction without compromising standard of product
1 answer
Q: How do I get my tax's form online for labor ready
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Q: What information provided by a variable costing income statement is used in computing the break even point
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Q: What is cash availability
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Q: How can you get an alert whrn your statement is available in Acess online
1 answer
Q: What are average property taxes on an apartment
2 answers
Q: What determines whether or not goods should be included in inventory
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Q: What should a checkbook balance be if there are outstanding checks that total 234.56 an ending balance of 508.50 and outstanding deposits of 57.50
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Q: Is VAT direct or indirect
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Q: What is the definition of tax management
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Q: Do you pay taxes when selling gold
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Q: What is. Does ACCA in accounting mean
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Q: What methods used to allocate support costs
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Q: Assets normally show
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Q: What is the exemption for myself
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Q: What is a withhold
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Q: Why is paying taxes a good thing
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Q: Are you supposed to report monetary gains from bartering on Federal Tax Returns
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Q: What is a gross expenditure
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Q: What is an example of a cost estimating technique that would be used when producing a summary cost estimate
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Q: How does opening and closing stock affect gross profit
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Q: How do you collect your defied pacific bell pension
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Q: What does it mean By ready to invoice
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Q: How can a firm employ bootstrap financing to stretch its current capital supply
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Q: Why is accounts receivable management so important
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Q: How do you treat payment on sales tax in costsheet
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Q: What is an expenditure profile
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Q: What do 4464C mean on yo refund
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Q: Can a sole proprietor use his business income as his personal income on a schedule c when filing his taxes
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Q: Can an employer deduct sales from a commisioned sales rep for a billing error
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Q: Can an executor get paid for getting the house ready to sell painting cleaning etc
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Q: List down the substansive tests that can be taken to audit petty cash
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Q: What is variable rent
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Q: Why are delays and incorrect orders viewed as agency costs
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Q: Which IRS publication is used to calculate federal income tax withholding amounts from payroll checks
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Q: How do you calculate the net social net benefit
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Q: What qualifications do auditors have
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Q: What is the average commission rate for a freight agent
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Q: How do you calculate gross Capital formation
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Q: Why must you collate and analyze cash and credit source documents
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Q: What is a statement of equivalency
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Q: If you live in a home based on income how much do you get
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Q: What is ABSA Account
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Q: Is it a good idea to continue with a cash ISA if there is better interest available elsewhere
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Q: How are credit cards used
1 answer
Q: How often do you do a profit and loss statement
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Q: How long is a CVV code
1 answer
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