1)Which type of assets should be capitalized and when expense out?2)Which type of assets expense out or when?
Latest Answer: Asstes are things which is provide service for long dueration it may 3 years 4 years or for long period of time.These items capitalise in our account books and charge depreciation in every year according to these rate it may 20%, 10%, 100% ...
What is the difference between finance and accounts?most of the companies having a different section like finance and accounts. why they aren't had only single section neither finance nor accounts?
Latest Answer: Finance management or allocation of cash to varoius deparments.Accounts is the bookeeping record of each transation involved (they add value to each other). ...
Latest Answer: In accounting, reconciliation refers to a process that compares two sets of records (usually the balances of two accounts) to make sure they are in agreement. ...
You’ve been asked to prepare a bill for services. What information should be included in the bill?
To what extent were you involved in collections?
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