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Q: compensation in commodatum.

A: Commodatum is nothing but a roman law which states that commodatum is an agreement which is a type…

Q: Discuss the difference between an unrealized holding gain and a realized gain.

A: The gain is the excess of revenue earned over the expenses incurred.

Q: Explain Accrual concept and provide example.

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: What is tmes-Interest earned?

A: Times-interest earned: This ratio quantifies the number of times the earnings before interest and…

Q: what is the difference betwwen classifying an expense by nature or function?

A: The costs that are incurred to earn revenues in the process of operating activities of the business…

Q: hat does the term "miscellaneous expenditure" mean?

A: Miscellaneous Expenditure: These are the expenditure that are allowances for government services,…

Q: How did you calculate the depriciation expense?

A: This method also called diminishing balance method or declining balance method where the…

Q: WHAT IS THE TOTAL GENERAL AND ADMINISTRAVE EXPENSES?

A: The administration expenses are related to funciton of business but not directly or indirectly…

Q: al Benefit al M&O Cost al M&O Grac age Value Payment

A: Incremental internal rate of return refers to the process of analyzing the estimated rate of return…

Q: What are compensated absences?

A: Compensated absences are the absences or leaves for which the employees will be paid. Example of…

Q: Distinguish between tangible and intangible benefits.

A:

Q: Accrual basis m

A: Accrual basis is a method of accounting under which income is recognized when earned and expense is…

Q: How incrising minimun wages affect compensation ?

A: Raising the minimum wage would make it more expensive to hire low-paid workers as it would be…

Q: The residual income amounted to?

A: Income is the amount remaining with the company from the Revenue after taking into consideration the…

Q: Determine the equivalent net benefits?

A: We can determine the equivalent net benefits by subtracting total costs from total benefits. Total…

Q: What is the difference between a conditional and unconditional contribution?

A: Step 1 Contribution can be defined as something which a person contributes for achieving something.…

Q: What are royalties ?

A: Royalties means payments  made for the purpose of use of property or license or some other important…

Q: What is a deferral expense?

A: Word "Deferral" means the postponement of something happening.

Q: true or false A difference between expected results and actual experience results to a…

A: The question is related to Employee Benefits as specified in IAS 19.

Q: Define Vested benefits.

A:

Q: What is the transaction's profit

A: This question deals with the transaction's profit?

Q: n of the following statements' is the fair value model of valuing erty?

A: The answer has been mentioned below.

Q: What is the difference between the APBO and the EPBO? What are the components of postretirement…

A: Difference between the APBO and the EPBO:Expected pension benefit obligation (EPBO): The amount of…

Q: What is his QBI deduction?

A: 1. Deduct upto 20%  QBI = $ 110,000 * 20% = $ 22,000 2.  50% of the W-2 wages  QBI = 40,000 * 50% =…

Q: Under what situation in spoiled working the loss to charged to FOH ???

A: spoilage : when the manufacturing process takes place some materials are tend to be produced…

Q: what is asset? what is gross profit?

A: Financial statements: These are the financial reports prepared by an organization for a financial…

Q: Compute the réálized gain or loss, recognized gain or loss, and the adjusted basis

A: A gain or loss is called rocgnized when it is not actually realised but from…

Q: eital gains ta ubmitted, t

A: Income tax penalties must be paid 1% of the due amount for the period of 3 month

Q: Over what period of time should compensation cost be allocated?

A: As per GAAP, the compensation cost must be recognized over the service period of an employee.For…

Q: What are (a) pass-through expenses, (b) recoverable expenses, and (c) common area expenses? Give…

A: a) Pass through expense: This is an expense which the customer pays directly to a third party or…

Q: What is the meaning of Intestate?

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

Q: What is accruals?

A: The answer is provided as follows:

Q: Distinguish between an intended beneficiary and an incidental beneficiary.

A: Beneficiary- A party that is entitled to any benefit or advantage in an agreement such as Life…

Q: According to our authors, what is an unrealized gain and unrealized loss?

A: In a general view gains and losses are the outcomes of investing which are inevitable. A gain or…

Q: What is lessee?

A: Lessee: It is term used for any person who has rented any land-property from someone else. That is…

Q: income be affected

A: Operating income is the amount of revenue realized from the operations of the business, after…

Q: Is profit an asset or liability?

A: profit or income are generally classified under assets.

Q: Determine the components of postretirement benefit expense

A: Post-retirement benefit expense:   This is an expense to the employer-paid as compensation after the…

Q: Actuarial (Remeasurement) gains and losses are reported as OCI as they occur using a. U.S. GAAP. b.…

A: Both US GAAP and IFRS requires to record acturial gains or losses through other comprehensive income…