To record the issuance of No-par stock… – The company debits the asset received and credits the common stock account for the cash or fair market value of the asset received
Liability, Balance Sheet, Credit, Permanent – Interest Payable
Balance sheet – Shows assets liabilities and owners equity
Financial Expenses – those relating to the funds of the business.Eg interest on loan
income statement – gelir tablosu
Employee Income Tax – Employers must pay the taxes withheld from employees' gross pay to the appropriate government agency
The things of value owned by a business are – Assets
Alice is getting ready for an interview with a potential employer. She has picked out a suit and had her hair styled at a salon. Alice is relying on her manners and her appearance to communicate to the employer that she would be an excellent employee. Erving Goffman would have used which term to describe Alice’s behavior?
Contribution margin – Margin to show proportion of each sales $ available to cover FC and profit
Selling and Admin Expense – Property taxes on the FG warehouse
Historical cost – This is the cost based on the dollar amount originally exchanged to acquire an asset and also refers to an accounting principle requiring financial statements to be based on original costs.
PERPETUAL INVENTORY – a system that maintains a continuous record of every item in inventory so that it always shows the stock on hand
Alice is getting reаdy fоr аn interview with а pоtential emplоyer. She has picked out a suit and had her hair styled at a salon. Alice is relying on her manners and her appearance to communicate to the employer that she would be an excellent employee. Erving Goffman would have used which term to describe Alice’s behavior?
faithful representation – information that is complete, neutral, and free from error
Deferred income – Income received but not yet earned is
partnership – An unincorporated business owned by two or more individuals. Owners co-own all the assets and liabilities of the business and share in some manner in its profits or losses.
Unrealised gain – A gain yet to be realised from a transaction