Accounts Payable

contracts should be filed separate from accounts payables?

A benchmark is a standard by which something can be measured or judged. from the Survey Mountain website: Are you a survey company? What exactly do you do? No, we are not a survey or market research company.

yes cash account is a real account cause it wll not come under persanal account ( consist of bank and peoples account) and not a nominal account( consist of incomes and expenses)

A purchase journal is a specialized accounting journal used to record all credit purchases of goods or services made by a business. It typically includes information such as the date of the purchase, vendor name, invoice number, and amount owed. The purchase journal helps track the company's liabilities and expenses related to purchasing inventory or other items.

The journal entry for purchasing software involves debiting the software asset account to reflect the cost of the software and crediting the cash or accounts payable account depending on the method of payment. This entry recognizes the increase in assets due to the software purchase and the corresponding decrease in cash or increase in liabilities.

When a company uses special journals, the general journal is used for selected transactions and events that do not fit into any of the specific categories of the special journals. These could include recording adjusting entries, correcting errors, or any unique transactions that don't have a designated special journal.

Today, I recorded outstanding expenses in our journal to reflect costs that have been incurred but not yet paid for. This helps us accurately track our financial obligations and ensure they are accounted for in our records. By noting these outstanding expenses, we maintain transparency in our financial reporting and can better manage our cash flow.

12/31/07 Debit Professional Fees, Credit Accrued Expenses.

In terms of day to day business, the binary number system holds no real advantage in the business world over decimal.

The binary number system is merely another means of representing numbers; akin to another language if you will. You can do the same operations in base 2 (binary) as base 10 (regular decimal) without losing any precision or inserting any errors. The advantage of base 10 is that people are taught to think on base 10. Everybody knows 2 + 2 = 4. Few know 0b10 + 0b10 = 0b100. (Note the use of the 0b prefix to signify binary.)

Where base 2 really holds it's own is in digital computing systems. In a digital system a data line is either on or off, 1 or 0. You cannot represent a base 10 digit on a single dateline. To directly represent a base 10 number digitally you need four datelines per digit. (This is known as Binary Coded Decimal.) However, this method is wasteful as 4 binary digits can store 0-15 but is only being used for 0-10. Also, because of that discontinuity special circuitry is required. With binary, the full range of the data bus (2 ^ (number of lines (bits)) can be utilized. Half-adders can be used for adding, and the twos-compliment method for storing negative numbers can be used which allows for subtraction using half-adders. Binary allows digital systems to operate. This, however, is unseen to most business people as knowledge of exactly how a calculator works is not requisite to use one.

I'll sum up with an old joke: There are 10 kinds of people in the world: Those who understand binary and those who don't.

They are companies that deal with all types of global payment processing.

Debit note is money being taken out

Credit note is money being brought in

You could get it done in 4 years, but if you want to become a Certified Public Accountant, you have to take a pretty hard test (like the bar exam for accountants) and there is a period of time where you have to learn on the job before you get licensed.

But, you could get a job right out of high school in an Accounts Receivable department, and technically that's accounting.

Registered with state.

Customers recommend him/her.

Has a few years of experience helping people with the specific issues you want to address.

Is 100% professional a before, during, and after working with you.

Google to find self-help support groups that deal with your issues, attend some meetings, and ask credible support group members for recommended therapists.

God bless you always.

In accrual based accounting, expenses are recognized in the period in which they are incurred if measurable.

An accountant can usually find work even in a bad economy.

An accountant can work in almost any industry, from operating their own business to working for any size company. An accountant can work in the private sector or any government sector.

Accountant jobs cover almost every business and industry setting, from keeping books for 'mom and pop' businesses to keeping books for Hollywood movie stars; from the military to scientific or educational institutions. There is no industry or organization that does not need an accountant.

Salary, earning potential, and marketability are not only determined by the type of field you are in and the degree you possess. It depends on your position within that field, the institution you work for, your experience, expertise, personal abilities, critical thinking skills, problem solving abilities, dedication and commitment toward ones work, and more. Thus, salary is not so much dependent on the type of degree as much as it is dependent on the person who holds the degree. Still, if you have a specific occupational title, you can then retrieve the estimated mean annual wage particular to that occupation through the U.S. Department of Labor: Bureau of Labor Statistics.

IFRSs refers to the new numbered series of pronouncements that the IASB is issuing, as distinct from the International Accounting Standards (IASs) series issued by its predecessor. More broadly, IFRSs refers to the entire body of IASB pronouncements, including standards and interpretations approved by the IASB and IASs and SIC interpretations approved by the predecessor International Accounting Standards Committee On the other hand by simple Accounting Standard we mean " Accounting Standard issued by the Institute of Chartered Accountants of India(ICAI)".

If this question is asked of you, you can tell them you enjoy working with people. You can also say you took classes in this topic or it has always been an interest of yours.

Review the qualifications and requirements for the position for which you are applying before attending the job interview. Knowing what is required will make it easier to answer this question. You can match your skills and experiences with the job description.

please check google and you can get thousands of sample letters, but make sure you use "sample application letter" as search key.

The accountant evaluates records drawn up by the bookkeeper and shows the results of this investigation as losses and gains, leakages, economies, or changes in value, so as to reveal the progress or failures of the business and also its future limitations and possibilities. Accountants must also be able to draw up a set of financial records and prescribe the system of accounts that will most easily give the desired information; they must be capable of arriving at a comprehensive view of the economic and the legal aspects of a business, envisaging the effect of every sort of transaction on the profit-and-loss statement; and they must recognize and classify all other factors that enter into the determination of the true condition of the business (e.g., statistics or memoranda relating to production; properties and financial records representing investments, expenditures, receipts, fiscal changes, and present standing). Cost accounting shows the actual cost, over a certain period of time, of particular services rendered or of articles produced; by this system unprofitable ventures, services, departments, and methods may be discovered.

what are the responsibilities of a SENIOR EXECUTIVE of FINANCE / ACCOUNTS as a MBA Finance student with 2.5 yr Experience

Internal customers are familys