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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: Is inventory a fix cost or variable cost
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Q: When you rendered services on account what accound do you debit
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Q: Why are assets not legally owned shown on the financial statement
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Q: Is a 1099 reported to the IRS
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Q: Receipts from cash sales of 9500 were recorded incorrectly in the cash receipts journal as 5900 What entry is required in the depositors accounts
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Q: What is the Difference between fixed deposit and recurring deposit
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Q: How do you email an invoice from pastel
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Q: What is the definition of a progressive tax system
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Q: What is the journal entry to write of an asset that is not completely depreciated
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Q: Do you file income taxes even if you had no income
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Q: When did Queen Elizabeth the II start paying taxes
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Q: Are creditors accounts payable or accounts receivable
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Q: How are sales tax rates usually stated
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Q: What is business income and extra expense about
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Q: How much a bookcase cost
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Q: Indirect methods of statement of cash flow
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Q: The difference between financial and physical assets
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Q: Is a refund a debit or credit in accounting
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Q: How much time needs to pass for an Account receivable account to be considered delinquent
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Q: What bank uses routing number 541210032
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Q: Can you trace who cashed your money order
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Q: What is the double entry for goods sold on credit
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Q: What systems provides for a separate record of the cost of each particular quantity of product that passes through the factory
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Q: When are closing entries prepared
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Q: H and R Block checking on tax return
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Q: Journal entry for salary paid to Anil and tds deducted
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Q: The Recording classifying summarizing and presenting phases of accounting with comprehensive example
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Q: Types of direct income in accounts
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Q: Is investment comes under current assets
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Q: The average age of receivable is an important yard stick of testing the efficiency of receivable management of a firm
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Q: What branch sort code is 20-54-12
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Q: What is the Types of original book of entry
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Q: When do you recognize dividend as income
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Q: Does the US Post Office receive tax dollars
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Q: What do you mean by gaap
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Q: How do you remove a completely depreciated fixed asset from your fixed asset accounts
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Q: What is another name for revenue on a financial statement
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Q: If your company is owed money from a company that goes into Chapter 11 what do you need to do
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Q: How much tax on 3300.00
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Q: What does the government use fica tax for
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Q: How do you convert Quickbooks Enterprise 9.0 backup data to use in Quickbooks pro 2010
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Q: Are wages earned your gross pay or your net pay
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Q: What is the difference between accountant and cpa
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Q: Is accrued expenses a debit or credit balance
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Q: Goodwill is an intangible assetjustify
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Q: I am independent contractor so will mystery shopping companies will send me a w2 form at the end of the year
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Q: The sole purpose of accounting is to help managers evaluate the financial condition of the firm so that they may make better decisions
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Q: Will the bankruptcy court take a tax refund after your bankruptcy is discharged
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Q: Who prepares financial statements
1 answer
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