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    Accounting question #2 for Cambridge Company?

    Your original TB either has a transposed # in the thousands column or you're missing a 9,000 balance. But, using the #s above (with the 9,000 discrepancy): Cash 5,550 A/R 28,350 Unbilled...

    This is a technical accounting question about international intangible assets held by a U.S. Company?

    Yes. The trademark is revalued because the Italian "sub-subsidiary" has a functional and recording currency of Euro. The trademark remains at cost in Euros on the Italian books and then...

    What is function of management accounting in one company?

    I am an office manager for a small construction consulting firm, and my duties include handling all phases of bookkeeping, monthly invoicing, payroll, payroll taxes, paying all the personal and bus...

    Accounting j/e for transfering $ from one company to another?

    This actually requires two JE's. Each company should have its own set of books and because the money is leaving one company and entering another, you need to make an entry in both sets of boo...

    How we will explain following ratios in accounting...if current ratio of a company increasing from last year?

    current ratios are determined by dividing the current assets by the current liabilities and these figures represent the companies day to day operating position an increase in the current ratio in...

    Write a 2 pages reports describing the nature of accounting function in large company in year 2020?

    I hope you're not asking anyone here to write your report...because if you are, you shouldn't be, and if anyone does it for you, they do you a great disservice.

    ...
    How does the cash basis accounting statement benefit a company?

    Cash basis accounting is a very simple form of accounting. When a payment is received for the sale of goods or services, a deposit is made, and the revenue is recorded as of the date of the receipt...

    How nature of the accounting function in large company will be like in the year 2020?

    The accounting function in large companies in 2020 will be in many respects similar to what it is today, and in many other respects it will be improved. The function of accounting is to provide inf...

    How to do accounting for general trading company.what are the books to be maintained like ledger,voucher etc?

    Ledger, voucher, import/export, payroll, and all the usual fun stuff you'd find in a large corporation.

    ...
    In accounting what term is used when referring to accounts refunded by the company?

    I'm not aware of a specific term other than "refund." With more information, you might get a better answer. It can depend on the reason for the refund. For example, if a customer who...

    Just found out my company outsourced 85% of the accounting dept to India?

    That's wrong of them. Our government lets them move like that without any penalty. Companies that move all or a ma jor part of their work overseas should have a penalty... one penalty. No impo...

    What do you do if you know the company you are working for is doing accounting coverups?

    Wow, two years without a job can be a major life changing event. Sounds like the company is not SEC regulated requiring external audits. It is difficult for me to follow what occurred, if the cred...

    What u think the nature of the accounting function in a large company will be like in the year 2010?

    Interesting Question --- especially when you say "nature" For many years now, most accounting was of a compliance nature. You kept books to compute taxes, report to stockholders and ...

    What is te road to become CEO of a company? I have a finance and accounting degree but I think the most that?

    You seem to have a good start. You will want an MBA but you don't need one right now. You may benefit most from some work experience and then return to school for a masters. This way when you ...

    Can a listed company choose not to shown their accounting records for public? and why?

    Easy answer: No they cannot. It is against the law and the Securities Exchange Commission watches very closely. In certain cases, they can delay disclosure for very specified reasons. Now - perhap...

    Accounting 101. Six people paid for a company's 6 mo lawn service pack of $600 beginning in May.?

    If a 6 month package costs $600, that's $100 per mth, from May to Oct (both mths inclusive). When these 6 people paid up, the entry then was: Dr Cash $3,600 Cr Unearned revenue $3,600 I...

    How can I find out how to contact main accounting office for Heilig Myers Furniture Company?

    Right here: ...

    Company managers: would you outsource your accounting?

    No!! I think I would keep my accounts within the company rather than outsourcing the same. The reason to do so is to protect my accounts information. But I did find this site ...

    What's the difference for Accounting manager and Controller in a company ? Have any different job function?

    Big difference, the controller is in charge of all operations, the accounting manager is just in charge of accounting.

    ...
    I am starting an accounting services business. Need a catchy company name instead of R&S Accounting Services?

    The naming of your business could be one of the most important decisions you will make. A name's originality and legal availability will create a real asset value of its own, as it becomes mar...

    Accounting question about closing entries and capital of a company?

    There was a decrease in owner's equity or capital. The capital after closing entries is: 32,572. answer

    ...
    How the provision of management accounting information can assit the management of a company with the function

    by supplying accurate data regarding the financial condition of the company and any projects in progress or proposed.

    ...
    Effect of changes in accounting and policies towards earnings quality of a company?

    When accounting policies change, there are changes in the numbers such as COGS... False earnings is a potential. I could write out a huge explanation, but it'd take a bit.

    ...
    Accounting Question...Why is it important for a company to have Adjusting Entries?

    Adjusting entries are accounting journal entries that convert a company's accounting records to the accrual basis of accounting. An adjusting journal entry is typically made just prior to issu...

    If a company's return on equity ratio is decreasing from the last year so how i will explain it in accounting?

    ROE measures a firm's efficiency at generating profits from every dollar of net assets, and shows how well a company uses investment dollars to generate earnings growth. A small change in ROE...

    If debt equity ratio of a company is decreasing from last year so how we will explain it in accounting?

    To lower the debt/equity ratio a company reduced it debt load or increased company assets. In the short term this may be good, but you need to be aware how this was done. The company business ...

    I am a company paying invoices on behalf of a pension scheme. How do I record this in my accounting records?

    Try talking to someone in the small business association. They can guide you

    ...
    What is the best accounting package available for an International Oil Company?

    Hey Pal, I'm in Eni company, and we are using SUN system which is provided by System Union. Previously we had SWAP which was provided by IBM. Ciao,

    ...
    Having problem replying to emails on my company account from home.?

    Do a test by sending an e-mail to yourself at work then from home try to respond to it. Our work e-mail is the same way. You are replying & it does go through but since it is not directly fro...

    How would a company account for retrospective employee bonuses earned because of changing from LIFO to FIFO?

    If a retrospective accounting change in one item (e.g. inventory valuation) would result in a change in another item (e.g. employee bonuses earned) under GAAP, then the resulting changes must gener...

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