Define seasonal dating

Q: What is seasonal dating?

A: It arranges the invoice date or the date at which the discount and credit period starts, to a time…

Q: What is a “grant date”?

A: A stock option is a contract that allows its holder to either buy or sell a certain number of shares…

Q: Define construction in progress.

A:

Q: Explain renewal probability?

A: Answer: Renewal probability is nothing but the average percentage of renters in a building that is…

Q: What is the End-of-Period Convention?

A: As per the end-of-period convention, all incoming and outgoing payments (cash flows) of an…

Q: Define Retirement and replacement depreciation methods.

A: Depreciation means decline in the estimation of benefit inside its valuable life because of mileage…

Q: In the phrase “end-of-period convention,” the word “period” refers to what?

A: Introduction: Revenues are the profits or benefits that one person is having, while costs are the…

Q: Define the term End-of-Period Convention?

A: Cash flows refer to the amount of cash that is either invested or received by the company during the…

Q: Explain Computing Holding Period Returns?

A: Introduction: Holding period returns (HPRs): Holding period return (HPR) is one of the investment…

Q: Amounts of interest depend on lengths of time.Explain how?

A: Interest is also dependent on the base of the length of time A loan taken for a long period of time…

Q: what is period costs?

A:

Q: Define period costs.

A: Period costs are not joined to items and the company does not need for Offer on Sale of items and…

Q: Define vesting period

A: Introduction: The concept of vesting is generally used in the concept of retirement planning…

Q: What is maturity date?

A: Maturity dates are generally used in order to classify the securities as short term, medium term or…

Q: What is interim reporting period? Describe about it.

A: Interim financial statements are defined as a financial report containing either a complete set of…

Q: The term of Final Payment. Effects of Final Payment.

A: A contract is made so that the work can be done legally and both are bond to fulfill their portion…

Q: What is difference between PERIODIC FIFO and PERPETUAL FIFO.

A: FIFO:   FIFO method is a method used for cost flow assumption mainly for the purpose of cost of…

Q: Define semiannual compounding

A: Compounding is the interest charged on interest. When any investment is made for certain years, the…

Q: How can we determine a Compounding Period?

A: A compounding is the interest charged on interest. When any investment is made for certain years,…

Q: Difference between periodic LIFO and perpetual LIFO methods.

A: LIFO:   LIFO method is a method used for cost flow assumption mainly for the purpose of cost of…

Q: ce raise and operation of busin long period of time? Explain in

A:

Q: Define Deferred Payments.

A: Liabilities:   Liabilities are referred to as the obligation of the business towards the creditors…

Q: What does period cost include

A: Period costs are the expenses which are typically related to passage of time and not to any…

Q: a basis per

A: A basis period will be the time period for that a sole trader and the partnership pays the tax for…

Q: Define useful life

A: Depreciation is the systematic allocation of the depreciable amount of an asset over its useful…

Q: How to choose a base year for horizontal analysis?

A: Horizontal Analysis: It refers to an analysis of financial statements of a company over a period of…

Q: Define Adjustments

A: Financial Accounting:   It refers to the process of recording the financial transactions of the…

Q: What is meant by maturity date?

A: Bonds are simply corporate debt units that are issued by firms and securitized as tradeable assets.…

Q: How to prepare a break-even chart for the given period from the Table?

A: Break-even analysis is the costing technique of determining and analyzing the margin of safety (MoS)…

Q: Define annual vesting

A: Vesting is usually referred as the retirement benefit plans which have rights over the employee…

Q: correction of prior period

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

Q: Define adjustment bureau

A: Adjustment bureaus generally operate under the laws of the federal government. These adjustment…

Q: Define Long-term contract

A: Meaning of Contract: An agreement between two private parties that creates mutual legal obligations.…

Q: Define each of the following terms:b. Seasonal dating

A: Seasonal Dating is a phrase being used in order to encourage buyers to purchase early, without…

Q: What is horizon date?

A: The sum of growth rate (capital gains yield) and dividend yield is the rate of return on equity. The…

Q: Define : Perpetual system and Periodic system

A: Inventory is one of the current asset of the business. It includes inventory of raw materials, work…

Q: find the period of deferral

A: Period of deferral (K) = NT - 1 where  N = number of times of compounding t = time

Q: What are the requirements for a prior period adjustment?

A: Prior period adjustment: A prior period adjustment is the result of a material error discovered in…

Q: Define maturity date

A: Every financial instrument have a maturity date. Common stock does not have an maturity date that a…

Q: Define Prior Period Adjustments.

A:

Q: Define Periodicity assumption.

A: Generally Accepted Accounting Principles (GAAP): These are the guidelines necessary to create…

Q: Define aging schedule

A: Aging schedule It is the accounting table that indicates the accounts receivables of the company,…