Why Liabilities are so important
Why are Liabilities are so important? Write some of its Significance in Accounting?
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Significance of Liabilities: Let suppose, you have father and you comprise three daughters and two son. You are on a job of accountant in a company. And the entire family member is dependent on you. It is your personal liability to educate your offspring, to feed your family and care them financially. This personal liability will provide you power to live better life in your family. Subsequent to taking all liability on your shoulders, you will become responsible human being. Like this, liabilities of business makes businessman powerful to take all kind of business risk and survive indefinite life span.
Explain what is meant by the Representative office of any bank.
Calculation of NPV: Calculation of NPV is done through the same method of discounting as described above. However in this case the rate is predefined for discounting. It is the cost of overall long term resources, whether debt or equity. This co
Mutual funds that hold both bonds and stocks. Some asset-allocation funds follow specified allocation percentages and others take advantage of current condition. Those that take advantage of current condition is higher risk, because the fund manager tries to adjust the allocations to take advanta
Would exchange rate changes always raise the risk of the foreign investment? Explain some of the condition under which exchange rate changes can actually decrease the risk of foreign investment.
What is the difference among personal or real account and nominal account?
A structure for showing the effect of market events on a particular asset, liability, equity, earnings, or expense. The effects are measured in terms of dollars. The account looks like as a collection point in the meanwhile the processing of all the transactions involving the balance sheet or inc
Evaluate the given statement: “Firm may decrease its currency exposure by diversifying across the different business lines”.
Define the term Equipment in Accountancy? Why they are used?
State the definition of Cash Discount?
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
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