What is an abstract of title?

Q: What is notional principal?

A: This is a type of derivative used by two parties under a contract to exchange the consequences (net…

Q: What information is each type of document supposed to provide?

A: Answer: There are different types of documents which provide various information.

Q: Which are the Methods of Title Assurance?

A: The methods of title assurance are as follows: Title covenants Title opinion based on public record…

Q: What is a registration statement?

A: Statement: It can be defined as any sentence or a line that provides information in a definite or a…

Q: A patent's copyright and trademarks are which assets?

A: Assets Assets are basically the resources of a company that helps to generate income in businesses…

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 meant by “right of return”? “Bill and hold”?

A: Financial accounting standards board (FASB): This is the organization which creates, develops, and…

Q: Explain proprietorship

A: Sole proprietorship is a term commonly used in business to define the organizational structure.

Q: What is a transaction?

A: Transaction refers to the business activity which brings change in the business assets, liabilities…

Q: Briefly define accounting.

A: This question explains about accounting.

Q: When do prepayments occur? Accruals?

A:

Q: Define bill-and-hold arrangement with example.

A: Bill on hold: Bill on hold transaction specifies that shipping of the product is not done by the…

Q: Which sentence in the passage contains a word of phrase that signals a cause and effect relationship

A: 1. Cause and Effect relationship - It is the relation between two phenomena in which one phenomena…

Q: What are the two parts of a registration statement? What does each part contain?

A: Registration statement is composed of two parts 1. Prospectus 2. Informational needs of the staff of…

Q: How is a change in entity recorded?

A: Change in reporting entity:   A change in reporting entity occurs when two or more previously…

Q: Explain the terms to account for and accounted for.

A: Account Account is refer as the record in the general ledger which is used to sort and store the…

Q: What is identifying owner?

A: The answer is provided as follows:

Q: What is incorporation by reference?

A: Securities and Exchange Commission (SEC):   The board which set rules for the companies for…

Q: What is understood by Incorporation by reference?

A: Securities and Exchange Commission (SEC):   The board which set rules for the companies for…

Q: What is Accounting

A: The accounting is main part or language of the business which helps to maintain the all the…

Q: What is account?

A: The account is a very important term that is used in the accounting process. It includes assets,…

Q: What is the name of this form

A: This is the form used to report interest income .......

Q: arise by ratificatio

A: Agency by Ratification is defined as where someone approves or accepts of some one else's deeds on…

Q: Define debenture

A: Debentures will be issued by corporations and governments to raise the funds easily from the public…

Q: Explain Bill-and-hold concept.

A:

Q: What are fictitious assets?

A: Fictitious assets: Asset formed by an accounting entry (and included under assets in the balance…

Q: count titles are a

A: Working notes :- Month Units sold  [a] Estimated % of defectives [b]…

Q: What is indentures?

A: An indenture is a legal contract that states the advantages and commitments of two or more parties…

Q: What is the purpose of a registration statement?

A: Registration statement is a legal document which is filed with the SEC to register securities for…

Q: Define the term " name capitalized " .

A: When the cost or the expenses is recorded in the financial statement such as the balance sheet in…

Q: how much is recorded as outright se?

A: in case of bussiness combination if additional information recevied within a Measurment period…

Q: count Title-

A: Trial Balance -: It is simply the list of thee general ledgers that are made in an accounting period…

Q: Define Proprietorship

A: A form of an organization where a single person is the owner and controller of the business is known…

Q: What transaction is covered by Maceda Law?

A: MACEDA LAW is also known as REALTY INSTALLMENT BUYER ACT, was approved in 26th August 1972 to…

Q: What does operating activities includes?

A: Statement of cash flows: This statement reports all the cash transactions which are responsible for…

Q: How a transaction is determine to be Accretive or Dilutive and what does it means

A: Earnings per share: Earnings per share represent the amount of income earned per share of…

Q: What is articles of association

A: Articles of Association is very important documentation for the company which shows all the rules…

Q: Explain Interests, Encumbrances, and Easements?

A: Interest refers to the additional amount paid by a borrower or received by an investor apart from…

Q: appropriation account?

A: Appropriation represents the profit distribution of the company for shareholders and reserves.