Saturday, August 27th, 2011 at
2:32 pm
I’m an accounting rookie. I have a small business with some fixed assets for furniture and equipment, which I need to revalue. If I Cr that asset account for "Furniture", what would be a typical offsetting Dr entry?
Do I like Expense it as "Devaluation" or something. Or if I’m totally an idiot, please just tell me what people usually do.
Help is appreciated.
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Saturday, August 27th, 2011 at
10:43 am
a. Cash in the most frequently budgeted asset.
b. Budgets always cover a 12 month period.
c. The cash budget is prepared using the accrual basis of accounting.
d. Budgets must be prepared using the Generally Accepted Accounting Practices.
e. Budgets are an integral part of a company’s external financial reports.
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Monday, August 22nd, 2011 at
2:05 am
My next semester, i am planning to intake one of accounting course which are "Financial management" or "Mangement Accounting" can anybody explain career scope & study are of those two subject therefore, i can make my mind to choose one of it.
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Saturday, August 20th, 2011 at
10:30 am
I’m one of those people who does the impulse buying and I don’t realize just how much money I’ve spent until it’s done and over with. I really need tips on how to budget and save my money before I completely lose control of the situation.
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Tuesday, August 16th, 2011 at
2:18 pm
like learn to be able to read financial report, doing taxes for small business etc… something general. Not hardcore accounting like the Chartered Accountants. Any good books out there? also how do you learn about law as well without studying law at law school? like about business contract law, etc… law related to business matters. Thank you.
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