Creative accounting can make financial documents of a business look misleading. Many financial institutions my be hesitant to lend money, which will make the business have to pay more for capital.
everyone as a consumer affects the economy on what they spent and how they spent
Usually depreciation is set up as a contra account to equipment. So in Assets you have an Equipment Account and a Accumulated Depreciation-Equipment Account showing up on the Balance Sheet in the Financial Statements. Keeping the accounting equation in mind, A=L+OE, credits made in the Accumulated Depreciation-Equipment Account are debited in a Depreciation Expense account which affects the Owners Equity side of the equation. This affects the Income Statement.
The external environmental factors that affect the financial services industry include organizational direction, internal factors, and external competition. The socio-economics of a society also affects the financial services industry.
No. A foreclosure affects only the borrower and anyone else who signed the mortgage.No. A foreclosure affects only the borrower and anyone else who signed the mortgage.No. A foreclosure affects only the borrower and anyone else who signed the mortgage.No. A foreclosure affects only the borrower and anyone else who signed the mortgage.
The key difference between a finance lease and an operating lease is whether the lessor (the legal owner who rents out the assets) or lessee (who uses the asset) takes on the risks of ownership of the leased assets. The classification of a lease (as an operating or finance lease) also affects how it is reported in the accounts. The differentiation is mostly important for accounting , taxation and financial reporting purposes.
yes
it does not
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no ce
It affects the way you look at problems in life
Accounting - good or bad - is what makes or breaks a business. A good accounting system will provide the management with the tools to make profitable business decisions. Management, large or small, can see what's profitable and what's causing the business to lose money. A poor accounting system, whether it is sloppy or just plain illegal can ruin a business. Management will make poor decisions based on poor or non-existent accounting systems. Management sometimes chooses to use accounting for unethical motives. In either case, accounting IS ingrained in society and affects the economic system for better or worse. Accounting is vital because is a gauge that gives an indication of how well the economy is growing, the areas that need improvement and the areas that need to be improved.
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Scarcity typically induces needs and wants for people.
Yes. One species affects the whole food chain, and often has implications well beyond what we imagine.
explain how government affects your every day life?
explain how temperature affects matter using the words contract and expand
explain how natural hair pigmentation affects colour