What is the difference between Direct and Indirect Financing?
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A: Absorption costing refers to the process of computing the expenses regarding a product using its ind...
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A: The employee received = $1500 on 29th June. Assessable income will be derived in the period in which...
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A: Discontinued Operations are a part of the company operation which have been discontinued or shut dow...
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A: It is pertinent to note that equity securities held for trading are measured at fair value through p...
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A: Money Market Fund Money market fund is also called short term financial fund which can be generate t...
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A: Differential analysis is performed fir the situation when two alternatives are available for the com...
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A:
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A: Given Loan borrowed = P100000 Interest rate =Prime rate+1% Current prime rate =8.5% Prime rate after...
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A: Gross is the income ,which a person get without deduction of tax,social security tax, medicare tax ...
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A: Beginning dividends payable = $6,400 Cash dividends declared = $13,800 Ending dividends payable = $2...
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A: Journal entries are the recording of entries which helps in posting and preparing trial balance. It ...
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A: Compensation alludes to the monetary rewards provided to workers in exchange for their services. It ...
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A: Introduction:- Depreciation is charged on asset over useful life of the asset. It is treated as expe...
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A: Disclaimer: “Since you have posted a question with multiple sub-parts, we will solve first three sub...
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A: Note Recognition of Financial assets is based on its business model a) for managing the asset and b)...
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A: Introduction: Borrowing is quite prevalent in adulthood. Almost everyone will need a loan at some ti...
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A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in...
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A: In consolidated financial statements need some adjustment to show correct position of group.
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A: Formula: Ending retained earnings balance = Beginning retained earnings balance + Net income - Divid...
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Q: 1. Determine the ending cash balance for the year a. P 3,430,000 b. P 3,280,000 c. P 3,000,000 d. ...
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