One that reduces the gross amount of another account to derive a net balance. Accumulated depreciation, which is a contra account to fixed assets to obtain book value, is an example of an offset account. Discount on note payable, which is a reduction of notes payable to derive the carrying value, is another example.
The definition of management accounting system is a system that was designed for a company that provides the information that is necessary for the company to make projections and decisions. It provides accurate and current information.
No,In financial accounting, assets are economic resources owned by business or company.A 401 is personal money account, so it does not fall under the definition.
Capital formation is essentially a term used to describe a company or governments total accumulation of funds in an accounting year. This is commonly practiced in many businesses.
An accounting module refers to a set of standardized parts of accounting that are used in teaching the accounting students. The accounting modules are usually broken down into a number of subjects to enable the learners to easily understand certain accounting concepts.
In accounting there are four main areas. They are as follows corporate accounting, corporate finance, public accounting and investment banking.
expalin accounting as an art?
Writing resume/, economic,/ statement month/,finance,and business
The measurements are taken at right angle to the survey line are called perpendicular offset
check your answer
what is the answer!!
Window Based Complete Accounting...
devinition
A narrative or record of events.
standards issued by American Institute of Certified Public Accountants?
Assets = Liabilities + Equity
Ethics of accounting information is providing accounting information to make good economic decisions in the financial statement of the organization.
Barack Obama's mama is a lama