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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: What is the difference between relevant cost and irrelevant cost
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Q: What is a designation that indicates a person has not paid a debt that was owed
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Q: How do you write a check for 10000
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Q: What type of account is unearned revenues on
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Q: What type of account is Owner's Equity
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Q: Why absolute assurance is not given in audit
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Q: What is the journal entry to write off customer accounts
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Q: What is direct factory labor
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Q: How do you find the net income when assets are given
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Q: What are your legal rights if someone cashes a check with your name on it
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Q: Where can you find your bank account number from your BDO debit card
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Q: When two accounts are required in one journal entry'the entry is referred to as
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Q: What did bill gates dad do for a living
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Q: Example Of Unlimited Liability
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Q: Are notes payable a short term bank debt
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Q: Can an insurance company legally demand your tax returns or refuse your claim if you say no
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Q: Why are debit cards called debit cards
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Q: How do you calculate average accounts receivables
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Q: What costs are inventoriable under GAAP for service organisation merchandising businesses and manufacturing businesses
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Q: How much taxs is taken out of 6000 dollars
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Q: Would a purchase of treasury stock affect retained earnings
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Q: Are loans and advances current assets
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Q: Who is responsible for returning a bill of indictment
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Q: Can you give your property away owing taxes
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Q: Can i open a savings account at the age of 17
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Q: What is the journal entry for insurance premium
2 answers
Q: What is the full form FIFO
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Q: Why is there a difference between net and gross profit
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Q: How much can you earn before you have to pay income tax
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Q: When do assets become expenses
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Q: Which department in responsible for inputting the diagnostic codes
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Q: Which of the following items will increase inventoriable costs for the buyer of goods
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Q: Can sales tax be charged on service maintenance agreements on copiers
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Q: What does ofac mean in credit bureau search
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Q: Is allowance for bad debts a asset
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Q: What is product redefinition
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Q: What are to advantages of a database
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Q: What is privilege tax
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Q: How to amortize an indefinite life intangible asset
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Q: How many digits does a saving bank ac have
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Q: Who is the independent auditor of berkshire hathaway
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Q: What are the advantages of using special journals by an entity
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Q: Is Sales Account nominal or real account
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Q: What is the relationship between manual and computerize accounting systems
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Q: What is ATCFAI
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Q: How many types of accounts are there
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Q: Why is expenses excluded from balance sheet
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Q: What are the features of internal control system
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Q: What are relining expenses
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Q: Does discount received have a debit or credit balance in the ledger balance
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