Define book-building (IPO)

Q: Why the companies use special journals? List them.

A: In the bookkeeping system of accounting, the transactions are recorded in two types of books :…

Q: Describe rules-based accounting standards.

A: Financial accounting is the process of recording, summarizing, and reporting all the transactions in…

Q: cial/accounting information in terms of ALSE

A: The given statement is FALSE .

Q: Business combination withc

A: Acquisition goodwill is the difference between the consideration paid and the fair value of the net…

Q: How has technology change accounting

A: In the last few years, there has been a great technology revolution that has touched various…

Q: Fince/accounting

A: Bonds are converted into number of shares and these are called as convertible bonds. On MATURITY…

Q: ion Acquisition in Financial Ma

A: Step 1 When trading in the financial markets, investors gain knowledge of asset bases. Portfolio…

Q: ccounting

A: Account analysis would be delving into the specific line items that make up an account.

Q: how to make  accounting eqution grid?

A: Accounting equation says that total assets should always be equals to total liabilities and…

Q: Journalize the transactions

A: Journal entries forms the basic step for preparation any books of accounts. Dual accounting approach…

Q: Define Disclosure notes.

A: Disclosure notes in accounting refers to the footnotes which are included in financial statements.

Q: Define accounting information system.

A: Accounting Information System (AIS) is a computer-based system used by decision makers to collect,…

Q: Briefly define accounting.

A: This question explains about accounting.

Q: Define acquiring company

A: The acquisition means when one company buys the more than 51% stake in another company. Companies…

Q: Explain accounting domain with example

A: Accounting domain is the wide range of accounting including its all branches like financial…

Q: ng information?

A: Concept: Information contains in the financial statements is said as free from bias. It reflects a…

Q: Journalize the transactions.

A: A journal is a detailed account that records all the financial transactions of a business, to be…

Q: What are source documents? Provide examples of source documents that a business might use.

A:

Q: Explain what is meant by the term management by exception (see, for example:…

A: Management by exception is referred to as a style of business management where the focus is on…

Q: Define Book value.

A: Asset Asset refers to an economic resource that an entity or an individual holds for gaining future…

Q: journalise the transaction

A: Promissory notes are instruments designed where the maker of the note (payer) makes a promise to pay…

Q: write an essay about accounting information system

A: Introduction:- Accounting information system used to collect and store all information related to…

Q: e balance sheet help users?

A: Option a is wrong because the true value of an entity is determined not only using the balance…

Q: Give a detailed answer to the theoretical question Display graphically and explain the mechanism of…

A: Bills of exchange indicate a written agreement stating the obligation of one party to pay the due…

Q: journal entries u

A: Prepaid Expense-:A Prepaid Expense is a variety of assets for the firm which is presented on the…

Q: explain the relationship of fi nancial statement elements and accounts, and classify accounts into…

A: Financial statements: Financial statements are condensed summary of transactions communicated in the…

Q: What are reverse journal entries? Are these required by GAAP?

A: Reversing entries are journal entries made at the beginning of an accounting period to reverse or…

Q: What are the similarities and differences between IPOs and direct listings?

A: The question is based on the different methods of raising funds by selling shares to the public for…

Q: e journal entry to record this transaction

A: (Note: Since you have posted multiple questions, we will solve the first question for you. For the…

Q: prepare journal enteries

A: Income tax is defined as the payment obligation of the taxpayer earning income for each year. It is…

Q: w accounting standards in

A: the financial statements of a company are expected to present a true and fair view on the financial…

Q: Accounting deals with quantifiable information.

A: Accounting means recording the financial transactions and converting them into reports to the…

Q: Define share captial of a company.

A: Equity financing: Equity financing is the larger amount of long-term financing that can be raised by…

Q: Accounting princippls

A: The accounting is a process to identify the business transactions and record the transactions and…

Q: Convert a company’s reported financial statements from LIFO to FIFO for purposes ofcomparison.

A: Inventory valuation is a subjective matter because the valuation approach depends on the judgement…

Q: Examples of Accounting Information System

A: Accounting Information Systems help in the completion of duties related to budget analysis. An…

Q: Define accounting cycle

A: Accounting: It can be defined as the process of summarizing and recording the financial events and…

Q: Using examples describe the following categories of e-commerce i.  B2C ii. B2B iii. C2C iv. G2C

A: E-commerce seems to be the purchase and sale of products or services through the internet, as well…

Q: what document initiates the sale

A: Sales Process:   Sales process is defined as a repeatable process that starts from accepting the…

Q: Prepare the SFP in Account Form

A: SFP is statement of financial position, which is one of the financial statement that is being made…

Q: anagerial Accounting uditing ost Accounting

A: a) An activity that provides financial and non-financial information to managers and other internal…

Q: Explain accounting process cycle.

A: Accounting Cycle: The accounting cycle refers to the process of recording a business transaction in…

Q: Define International Accounting Standards Committee.

A: The International Accounting Standards Committee or IASC was an independent private-sector…

Q: Define the term book value.

A: Accumulated depreciation: The total amount of depreciation expense deducted, from the time asset…

Q: e journal entry to record this transaction i

A: Cost $72,000 Less    Accumulated depreciation ($48,000) Sales proceeds ($8,500) Loss on sale…