What is meant by noting of bill ?

Q: What is Balanace of Payment

A: Balance of Payment is a statement of monetary transactions made and records  between residents of a…

Q: What is the use of payment request forms?

A: Payment request form a requisition form used for the request for payment. This request is a non…

Q: Provide examples of how finacial statments are useful and or how they are used?

A: Financial statements refer to such statements which report the profitability and the financial…

Q: What is make-whole provision?

A: A call provision helps the issuer of the bond to call back or repurchase the bond at any time before…

Q: What is shelf registration?

A: Answer: Shelf registration is subject to Securities and Exchange Commission SEC Rule 415 of the…

Q: Define what is meant by a tick mark. What is its purpose?

A:

Q: Explain promissory notes?

A: Promissory note refers to a signed written document that contains an unconditional promise to pay…

Q: What determines the order of the information shown on thebalance sheet?

A: Balance sheet is a part of financial statements that lists company’s assets, liabilities and…

Q: Define Valuation allowance

A: Valuation allowances are reserves created, which can set off deferred tax assets. If it is probable…

Q: Define adjustment entries and how they are passed?

A: Adjusting entries are those entries which are made at the end of the accounting period, to record…

Q: Define bylaws

A: An organization's Bylaws are the core values the association works under.

Q: What is an updated report?

A: Report: It can be defined as a document that provides the information to a specified group of people…

Q: What is discretionary reporting?

A:

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 is meant by Authorized and issued captial?

A: Meaning of Authorised capital  stock:Authorised stock refers to the maxinum number of preferred…

Q: What is the importance of date of declaration, date of record, and date of payment?

A: Following are the importance of declaration date, record date and payment date in accordance with…

Q: What is the proposal’s internal rate ofreturn?

A: The internal rate of return is a metric used in financial analysis to estimate the profitability of…

Q: What is the carryover amount?

A: Introduction Capital losses may be defined as the decrease in the value of capital assets of the…

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: what is a trial balance?

A: Trial balance is the summary of accounts, where their total debit and credit balances must be equal…

Q: How does the Genral Ledger work?

A: General ledger is the account prepared by the company for each transactions made by the company. It…

Q: Explain Bill-and-hold concept.

A:

Q: Define adjustment bureau

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

Q: Define Allowance method.

A: Accounts Receivables:   It is the money owed to the company by outside entities for the products or…

Q: What do you mean by adjustment entries ?

A: A journal entry is being used to track a business transaction in a company's accounting records. A…

Q: Define T-bill

A: A Treasury bills which are also known as T-Bills are mainly issue by Government of country. These…

Q: What is allowance method?

A: Definition:   Allowance method of accounting for uncollectible accounts: This is the accounting…

Q: Describe about the deferrals? Explain it in detail.

A:

Q: how much is recorded as outright se?

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

Q: What is surcharge?

A: surcharge is an additional or extra charge or tax charged on the cost of goods or service more than…

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: What is a bill of lading?

A: Definition: Sales process: Sales process can be defined as the trading of goods and services…

Q: a) Define the term contra entries?

A: Hi student Since there are multiple questions, we will answer only first question.

Q: appropriation account?

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

Q: What questions should be asked after a returned item hasbeen counted and recorded?

A: Returned items are goods that are returned to the manufacturer or secondary retailers.

Q: Under what conditions should a provision be recorded?

A: Provision:   A provision is an account that records a liability of an organization. The liability is…

Q: Define purchase allowance

A: Following is the meaning of a purchase allowance

Q: What is expenditure? explain types of expenditure?

A: Payments or liabilities incurred in exchange for goods or services are referred to as expenditures.…

Q: What is disclosure? Write down about disclosure notes.

A: Disclosure means disclose the information properly for the users. Disclosure should be complete and…