Define the term Cash
Define the term Cash in accountancy?
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Cash is one of the significant finance terms and it is as well part of money. When money is in the form of currency, then that money becomes cash. The Cash in business is the asset however when cash is in reserve form for completing future responsibility, then it will be liability of business. Subsequent to, subtracting reserve amount, we can utilize balance cash for our business aims.
What are the merits and demerits of the techniques shown below of depreciation? • Straight line process • Reducing balance process• Revaluation process • Usage process &b
A journal entry that moves the effects of revenues or expenses to the owners' equity account. Only temporary account that is on the income statement is closed. The purpose of a closing entry is twofold. First, it moves revenue to retained earnings on the balance sheet
Define the terms Fictitious Assets?
It started with the US sub-prime mortgages on housing loans, which became worthless when home owners defaulted on their loans. The housing market promptly collapsed, wiping out Wall Street's revered investment banks and pull
What is offshore banking center?
Describe the term Holding Period?
Suppose that your company has an equity position within the French firm. Explain some of the condition under which the dollar/franc exchange rate uncertainty does not have the exchange exposure for your company.
What is Death spiral? Is it related to cost accounting. Illustrate it.
What is currency trading at discount or at premium in forward market?
State mechanism that restores equilibrium of balance of payments in case it gets disturbed below the gold standard.
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