Tài liệu, luận văn, đồ án, tiểu luận, đề tài về Khối Ngành Kinh Tế
Current liabilities, also called short-term liabilities, are obligations due within one year or the company’s operating cycle, whichever is longer. They are expected to be paid using current assets or by creating other current liabilities. Common examples of current liabilities are accounts payable, short-term notes payable, wages payable, warranty...
56 trang | Chia sẻ: thuychi11 | Ngày: 31/01/2020 | Lượt xem: 478 | Lượt tải: 0
Plant assets are recorded at cost when acquired. This is consistent with the cost principle. Cost includes all normal and reasonable expenditures necessary to get the asset in place and ready for its intended use. The cost of a factory machine, for instance, includes its invoice cost less any cash discount for early payment, plus any necessary frei...
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A receivable is an amount due from another party. The two most common receivables are accounts receivable and notes receivable. Other receivables include interest receivable, rent receivable, tax refund receivable, and receivables from employees. Accounts receivable are amounts due from customers for credit sales. This section begins by describing ...
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Policies and procedures managers use to: Protect assets. Ensure reliable accounting. Urge adherence to company policies. Promote efficient operations.
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Accounting information systems collect and process data from transactions and events, organize them in useful reports, and communicate results to decision makers. With the increasing complexity of business and the growing need for information, accounting information systems are more important than ever. In an accounting system, the fundamental ...
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Does a purchaser’s inventory include goods in transit from a supplier? The answer is that if ownership has passed to the purchaser, the goods are included in the purchaser’s inventory. We determine this by reviewing the shipping terms: FOB destination or FOB shipping point. Goods purchased FOB shipping point are included in the buyer’s inventory wh...
59 trang | Chia sẻ: thuychi11 | Ngày: 31/01/2020 | Lượt xem: 578 | Lượt tải: 0
A merchandising company’s operating cycle begins by purchasing merchandise and ends by collecting cash from selling the merchandise. The length of an operating cycle differs across the types of businesses. Department stores often have operating cycles of two to five months. Operating cycles for grocery merchants usually range from two to eight week...
64 trang | Chia sẻ: thuychi11 | Ngày: 31/01/2020 | Lượt xem: 500 | Lượt tải: 0
A work sheet is not a required report, yet using a manual or electronic work sheet has several potential benefits. Specifically, a work sheet 1. Aids the preparation of financial statements. Reduces the possibility of errors when working with many accounts and adjustments. Links accounts and adjustments to their impacts in financial statements....
39 trang | Chia sẻ: thuychi11 | Ngày: 31/01/2020 | Lượt xem: 959 | Lượt tải: 0
To provide timely information, accounting systems prepare reports at regular intervals. This results in an accounting process impacted by the time period (or periodicity) assumption. The time period assumption presumes that an organization’s activities can be divided into specific time periods such as a month, a three-month quarter, a six-month int...
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The accounting process identifies business transactions and events, analyzes and records their effects, and summarizes and presents information in reports and financial statements. These reports and statements are used for making investing, lending, and other business decisions. The steps in the accounting process that focus on analyzing and record...
54 trang | Chia sẻ: thuychi11 | Ngày: 31/01/2020 | Lượt xem: 512 | Lượt tải: 0