top button
Flag Notify
    Connect to us
      Site Registration

Post under tag accounting
Site Registration

Recent posts under tag accounting

+1 vote
1 answer
What is the accrual basis of accounting?
posted Jul 3, 2017 by Abu Anam
  • accounting
+1 vote
1 answer
When will a transaction affect only one side of the accounting equation?
posted Jul 3, 2017 by Abu Anam
  • accounting
+1 vote
1 answer
What is the transaction approach and balance sheet approach to measuring net income?
posted Jul 3, 2017 by Ati Kumar
  • accounting
  • netprofit
+1 vote
1 answer
Is it okay to have negative amounts in the equity section of the balance sheet?
posted Jul 3, 2017 by Ati Kumar
  • accounting
  • balance sheet
+1 vote
1 answer
If a company earns a profit, which balance sheet items change?
posted Jul 3, 2017 by Ati Kumar
  • accounting
  • company
  • balance sheet
+2 votes
1 answer
What is the difference between a balance sheet of a nonprofit organization and a for-profit business?
posted Jul 3, 2017 by Ati Kumar
  • accounting
  • balance sheet
  • difference
+1 vote
1 answer
What is the expanded accounting equation?
posted Jul 3, 2017 by Ati Kumar
  • accounting
+1 vote
1 answer
How do you record an owner's money that is used to start a company?
posted Jul 3, 2017 by Ati Kumar
  • accounting
  • money
+1 vote
2 answers
What entry is made when selling a fixed asset?
posted Jul 3, 2017 by Ati Kumar
  • accounting
  • entries
+1 vote
1 answer
What is the entry when merchandise has been received but not the vendor's invoice?
posted Jun 30, 2017 by Vijay
  • accounting
  • entries
+1 vote
1 answer
What is a temporary account?
posted Jun 30, 2017 by Vijay
  • accounting
  • accounts
+1 vote
1 answer
What is a promissory note?
posted Jun 30, 2017 by Pratiksha Shetty
  • accounting
+1 vote
1 answer
What are some reasons that cause the balance on the bank statement to differ from the cash balance on the books?
posted Jun 30, 2017 by Ritika Sharma
  • accounting
  • bank
  • balance sheet
+1 vote
1 answer
Where does revenue received in advance go on a balance sheet?
posted Jun 30, 2017 by Ritika Sharma
  • accounting
  • balance sheet
  • advance revenue
+1 vote
1 answer
What is the difference between periodic and perpetual inventory systems?
posted Jun 30, 2017 by Ananya Saha
  • accounting
  • inventory
+1 vote
1 answer
What is the difference between accounts payable and accrued expenses payable?
posted Jun 30, 2017 by Ananya Saha
  • accounting
  • accounts
+1 vote
1 answer
What are accrued expenses and when are they recorded?
posted Jun 30, 2017 by Ananya Saha
  • accounting
  • expenses
+1 vote
1 answer
In adjusting entries, how do I know which T-accounts to use?
posted Jun 30, 2017 by Deepak Jangid
  • accounting
  • entries
+1 vote
1 answer
What is the proper use of the words lend and borrow?
posted Jun 30, 2017 by Deepak Jangid
  • accounting
+1 vote
1 answer
Will every transaction affect an income statement account and a balance sheet account?
posted Jun 30, 2017 by Deepak Jangid
  • accounting
+1 vote
1 answer
In what order are liabilities listed in the chart of accounts?
posted Jun 30, 2017 by Deepak Jangid
  • accounting
+1 vote
1 answer
Is there a difference between the accounts Purchases and Inventory?
posted Jun 30, 2017 by Diya Borda
  • accounting
  • difference
  • inventory
+1 vote
1 answer
What is the difference between receivables and accounts receivable?
posted Jun 30, 2017 by Diya Borda
  • accounting
+1 vote
1 answer
Why is Accumulated Depreciation an asset account?
posted Jun 30, 2017 by Diya Borda
  • accounting
  • assets
  • accounts
+1 vote
1 answer
What is the difference between Notes Payable and Accounts Payable?
posted Jun 30, 2017 by Diya Borda
  • accounting
  • difference
+1 vote
1 answer
What is the entry for an employee's personal phone calls included in the company's bill?
posted Jun 29, 2017 by Kavana Gowda
  • accounting
  • entries
+1 vote
1 answer
Why doesn't the balance sheet equal the post-closing trial balance?
posted Jun 29, 2017 by Kavana Gowda
  • accounting
+1 vote
1 answer
Why does a company debit Purchases instead of Inventory?
posted Jun 29, 2017 by Kavana Gowda
  • company
  • accounting
  • inventory
+1 vote
1 answer
How do I record money received for an insurance claim on inventory loss?
posted Jun 29, 2017 by Reshmi S
  • accounting
  • inventory
+1 vote
1 answer
What is the entry for the down payment from a signed contract?
posted Jun 29, 2017 by Reshmi S
  • accounting
  • entries
+1 vote
1 answer
Is contributed capital a noncurrent asset or a current asset, and is it a debit or credit?
posted Jun 29, 2017 by Reshmi S
  • capital
  • assets
  • accounting
+1 vote
1 answer
How does the accounting equation stay in balance when the monthly rent is paid?
posted Jun 29, 2017 by Reshmi S
  • accounting
+1 vote
1 answer
Will every transaction affect an income statement account and a balance sheet account?
posted Jun 29, 2017 by Reshmi S
  • accounting
+1 vote
1 answer
What are the accounting entries for a fully depreciated car?
posted Jun 29, 2017 by Prajwal C.m.
  • accounting
  • entries
+1 vote
1 answer
Why is Rent Expense a debit and Service Revenues a credit?
posted Jun 29, 2017 by Prajwal C.m.
  • accounting
+1 vote
1 answer
What is the difference between adjusting entries and correcting entries?
posted Jun 29, 2017 by Prajwal C.m.
  • accounting
  • entries
+1 vote
1 answer
Why would a balance sheet list current liabilities as negative amounts?
posted Jun 29, 2017 by Prajwal C.m.
  • accounting
+1 vote
1 answer
What is the entry to remove equipment that is sold before it is fully depreciated?
posted Jun 29, 2017 by Prajwal C.m.
  • accounting
  • entries
+1 vote
1 answer
Where in the chart of accounts is a suspense account located?
posted Jun 29, 2017 by Prajwal C.m.
  • accounting
+1 vote
1 answer
Why are assets and expenses increased with a debit?
posted Jun 29, 2017 by Prajwal C.m.
  • accounting
  • assets
+1 vote
1 answer
What is the difference between a ledger and a trial balance?
posted Jun 29, 2017 by Debolina Charaborthy
  • difference
  • accounting
+1 vote
1 answer
What to do with the balance in Allowance for Doubtful Accounts?
posted Jun 29, 2017 by Debolina Charaborthy
  • accounting
+1 vote
1 answer
How do I record an advance to an employee and the deduction?
posted Jun 29, 2017 by Debolina Charaborthy
  • accounting
+1 vote
1 answer
What are reversing entries and why are they used?
posted Jun 29, 2017 by Debolina Charaborthy
  • accounting
  • entries
+1 vote
1 answer
What is the difference between an accrual and a deferral?
posted Jun 29, 2017 by Debolina Charaborthy
  • accounting
  • difference
+1 vote
1 answer
What is the difference between a general ledger and a general journal?
posted Jun 29, 2017 by Debolina Charaborthy
  • accounting
  • difference
+1 vote
1 answer
What does the cost principle mean for a company's income statement?
posted Jun 22, 2017 by Shamita
  • company
  • accounting
+1 vote
1 answer
What is the entry when a company lends money to an employee?
posted Jun 22, 2017 by Shamita
  • accounting
+1 vote
1 answer
Is contributed capital a noncurrent asset or a current asset, and is it a debit or credit?
posted Jun 22, 2017 by Shamita
  • accounting
  • assets
+1 vote
1 answer
Why is the accuracy of inventory valuation so important?
posted Jun 22, 2017 by Shamita
  • accounting
  • inventory
Page:
...