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| Basic Accounting |
| Basic accounting question...? |
Why do people answer with their opinion, but make it sound like a fact, especially when they are totally wrong.
It is an expense. A liability is something that is owed. It is possible to owe m... |
| Basic accounting - Owners assets used in my sole trader business? |
I'll let you know what GAAP says, which is the system used in the U.S. I'm not sure about where you are from, but I would imagine its fairly similar.
Your transaction sounds fine, how... |
| Basic Accounting problems please? |
The following sites are good at these topics. ... |
| The basic accounting equation is A= L+P.? |
it's A =L+ C
Assets equal liabilities plus capital ... |
| Different basic accounting concepts? |
You didn't really provide enough information to answer the question, but I'll give it a shot.
Basically, accounting is a method by which information is recorded to demonstrate historic... |
| Basic Accounting Question? |
1. You don't "fund" depreciation.
2. You don't correct errors in the P&L for year one by adjusting income in year 2. You go back to year one, correct the error, and publ... |
| Basic accounting question - need help fast!? |
Stockholders' equity increased 20k during the yr (from 30k to 50k). Profit before dividends was 50k (Revenue 215k minus expenses 165k) so dividends must be 30k so that profit after dividends w... |
| I want to learn basic accounting concepts, Is there any books to learn basics & how to maintain SME accounts? |
Ok, here are some:
... |
| Basic accounting concepts are what? |
Assets - Liabilities=Owners Equity
Cash method or Accrual method
Book Accounting Vs. Tax Accounting ... |
| Which Diploma is the Best?? Basic Accounting or Computer Accounting? |
it may be best to get a diploma in computer Accounting because more businesses are getting more technical.
and they still teach you the basics of Accounting like double entry, final accounts and... |
| Homework for basic Accounting..please help? |
Assets are balanced by Owner's Equity + Liabilities.
Owner's equity is Owner's capital + retained earnings. (For this exercise, concentrate on this line)
In June, assets increased... |
| In basic accounting Adjusting entries are prepared from what type of document. One of the following:? |
from the unadjusted general ledger ... |
| Can anyone tell me which book is best to study basic accounting? |
There are so many great ones. My best advice to you is to go to your nearest college bookstore and get a beginning bookkeeping text book. This will give you the basics I believe you are looking f... |
| I need best web side for Basic Accounting Notes? |
(Very basic, maybe too simple, need to click through links)
... |
| Would someone please teach these neocons basic accounting? |
Ah, they can count! They just prefer not to. Greedy neocons like to tell lies and cover up the truth. No education can help there.
By the way, cute question! ... |
| How do u do this basic accounting problem? please help!? |
ok this is a maths problem rather than anything else
let's assume X is the number of CDs that need to be sold and we work out the solution.
There are fixed costs (advertising and promotion $... |
| I wants to know about basic accounting? |
bookkeeping
Recording of the money values of business transactions. Bookkeeping provides the information from which accounts are prepared but is distinct from accounting. Bookkeeping offers info... |
| True or false?The basic accounting equation is A= L + P.? |
If P stands for profit, then the answer is False.
The accounting equation for a sole proprietorship is:
Assets = Liabilities + Owner鈥檚 Equity
The accounting equation for a corporation is:
A... |
| Purchased simply accounting basic had pro evaluation trial now have lost all previous info how to get it back? |
Early on with Simply Accounting, I learned the hard way to Back Up my data. I back up at the end of every day, and/or at shutdown. From there you can recover the data.
Hope you didn't learn t... |
| How hard is a basic college accounting class? |
Some people find it extremely difficult, and others love it. Basically, if you can remember debits and credits, and remember which things fit into which category, you should do fine. Accounting i... |
| What is a contra entry? can anybody teach me the simple technics to remember basic accounting? |
Contra means "against" or "opposite of". It's referring to what we call double entry accounting:
There are 4 major types of accounts:
+ Assets are what you own, like... |
| Does anyone have any basic ifo. on accounting? |
You're too general. ... |
| Does Dividends fall into a balance sheet or income statement in basic accounting? |
Since dividends are ''earned'' from some kind of investment....
they are considered income. Good luck and happpy Newww Year ... |
| What is the basic rule of accounting? |
There are basic three basic rules to Accounting :
1. Perssonal :- Debit : Debit the receiver
Credit : Credit the giver
2. Real :- Debit : Debit what comes in
Credit : Credit what goes out
3. N... |
| What is the basic equation of accounting formulae? |
Asset = Liability + Owner's Equity ? ... |
| Basic concepts in accounting? |
There are six basics to understand:
Debit (Dr.) what comes in, Credit (Cr.) what goes out.
Dr. the receiver, Cr. the giver.
Dr. all losses, Cr. all gains. ... |
| Basic concepts of accounting? |
it is assets MINUS liabilities equal equity
assets = liabilities + equity
every debt(s) must have matching credit(s) ... |
| I need accounting information (basic).? |
accounting
Systematic development and analysis of information about the economic affairs of an organization. The actual recording and summarizing of financial transactions is known as bookkeepin... |
| How do you compute for total capital stock for basic corporation accounting? |
Total Assets = Total Liablities + Equity, therefore
Total Equity (Including Retained Earnings) = Total Assets-Total Liabilities
** Shares subscribed for but not paid are listed separately as ... |
| What is the basic of accounting? |
what do you mean by basic? well, this major has to learn economics and finance as basic courses. it designed for students seeking careers as professional accountants or in any financial area of bus... |
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