How do you calculate book value

Q: how do i figure out book value.

A: Note: To understand better, let us explain the book value in another format as provided by you.…

Q: How to calculate inventories

A: Inventories are the assets for the business in which the company is dealing for earning the income…

Q: (using the above information) how do you fill out the general ledger?

A: All of the Accounts that have been established based on transactions recorded in various journals…

Q: How to journaalize entries from accounting for purchase with frieght transaction?

A: A journal entry is the first step to recording any transaction of monetary nature. Journalizing is…

Q: What do accounts do?

A: Accounts of a business are used to record for all the transactions of the business. All relevant…

Q: What is a roadshow? What is book-building?

A: Roadshow is a series of presentations done by the bankers to institutional investors around the…

Q: What steps are taken to convert a set of books kept under Single Entry into Double entry?

A: Single-Entry system:A Single–entry bookkeeping system or single-entry accounting system is a method…

Q: Define prepaid accounts? Give example?

A: Prepaid account: It is an account which records the prepayment transactions. From the buyer’s point…

Q: Define the term Markel/book ratio?

A: Different financial valuations metrics will be used to evaluate and to understand the company’s…

Q: How do you start a new ledger with the reversing entries?

A: The reversing entries are prepared to cancel the adjustment entries made at the year end.

Q: How to do subscription fee account

A: Members pay subscriptions as a fee for accessing a club's or society's amenities for a specific time…

Q: What is the invoice total (in $)?

A: Insurance on the invoice is $32.99

Q: When are the original cost and current book value are relevant?

A: Orginal cost is the cost paid to acquire the assets  Whereas the current book value is the value of…

Q: What are credit terms?

A: Credit terms or terms of credit It is the vender purchaser agreement that rundowns the planning and…

Q: Define purchases Journal.

A: Journal: Journal is the book of original entry. Journal consists of the day-to-day financial…

Q: What are the account receivables?

A: Current assets: The assets which could be converted into cash within one year like accounts…

Q: What is difference between general ledger and balance sheet. If possible, can you give me an…

A: The accounting is a process to record the financial transactions on regular basis and prepare the…

Q: What is accounts receivable management?

A: Accounts receivable management is method for ensuring that whether the customers are paying their…

Q: How does double entry bookkeeping work in JV?

A: Double entry book keeping, in accounting is a system of book keeping where every entry to…

Q: When does Accounts receivable are created?

A: Current assets: The assets which could be converted into cash within one year like accounts…

Q: Importance and use of bookkeeping?

A: Double-entry bookkeeping system: The double-entry bookkeeping system by its name implies that there…

Q: Show the deposit slip of

A: Case -1 Deposit of Cash amounting to P 55000     Deposit Date ____July 8,20X1 Cash    Name…

Q: What are receivables credits? Please explain.

A: Receivable refers to the assets of the company created due to sale of goods and service on credit to…

Q: Define financial assets, trade and other receivables and financial liabilities Thanks tutor

A: Financial assets and trade and other receivables are different types of assets that are part of…

Q: book value

A: Book value means the value of any item as per books of accounts.

Q: How does account receivable work?

A: The term "account receivable" denotes that payment for previously completed work has yet to be…

Q: What are age of receivables and how do you calculate them? Please explain

A: Accounts receivable form a part of assets of the entity and represents the amount due from the…

Q: What is an invoice?

A:

Q: Please define the term "Net book value."

A: Book value refers to the cost of an asset after deducting the depreciation or amortization expenses…

Q: What is the relationship between an account and item?

A: it is important to understand the difference between item and account . the accounts are used to…

Q: What is a prospectus? What does a prospectus contain?

A: A prospectus is a legal document that is required by the Securities Exchange Commission (SEC) to…

Q: Account for notesreceivable and interestrevenue

A: Notes Receivables: This records the promissory note’s value that is a promise in writing that one…

Q: How do i adjust entries for a merchanting buisness

A: Adjusting entries are the journal entries passed at the end of the financial year to close all the…

Q: What is bookkeeping

A: Book Keeping is one of the functions of accounting.

Q: Define Current Receivables.

A: Current receivables are recorded under current assets of the company.

Q: When you collected Accounts Receivables, your entry would include?

A: Accounts Receivable is shown as an asset in the books of accounts and has a debit balance. When the…

Q: Determine the book value for the Bullding.

A: Meaning of Book Value Book value of an asset refers to the value of an asset entered in the books of…

Q: Define account receivable

A: The formula to compute accounts receivable turnover ratio as follows: Accounts receivable turnover…

Q: - record the purchase

A: Journal entry is the primary entry made for recording a particular accounting transaction.

Q: What is ledger account? Explain using illustrations.

A: There are many accounting journals maintained in a business to record all the transactions done in a…

Q: what does a general ledger do?

A: The ledger seems to be a book of accounts that contains the categorized and summarised information…

Q: WHAT IS THE LOAN FACILITY THAT WILL BE USED TO COVER THE DEPOSIT AND CLOSING COST

A: Credit facility Meaning: Credit facility is type of loan that is made business and corporate…