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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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Q: Why are the assets of the business are always equals to the capital plus liabilities
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Q: Are you required to use the tax tables or the tax rate schedules or does it matter for 2015
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Q: How many exemptions can the couple on last year tax return if they file as a married couple
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Q: How would you briefly describe the users of financial statements
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Q: Why do expense accounts also have debit balances
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Q: What points should be taken into consideration in drafting and audit programme
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Q: The following statements are true with regard to purchase account holders EXCEPT
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Q: What are the different types of database end users Discuss the main activities of each
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Q: What is the technical competence of cashier
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Q: Why income accrued income is current asset
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Q: What three deductions are mandatory
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Q: What is manifest in ERP
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Q: In order to create a budget you should
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Q: GAAP requires publicly traded companies tp prepare a post closing trial balance and publish it in their annual report
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