Define Expenditures
Define Expenditures with suitable example?
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Expenditures are very significant from book keeping and accounting viewpoint. It is payment that is given by a person who gets either goods or services from other person. Assume that, Ram gets the electricity facility from state government electricity board. For such services, company sends him the electricity bill of Rs. 5000. This Rs. 5000 is expenses for Ram. When Ram does not pay it on its payment date, this will become his liability.
A CD/$ bank trader is presently quoting a small figure bid-ask of 35-40, while rest of the market is trading at the CD1.3436-CD1.3441. Specify what all is implied about trader’s beliefs by his prices?
Meaning of Goodwill: Goodwill puts the association at a good position due to which the organization is capable to earn huge profits without any additional efforts. Goodwill can’t be seen although felt. Thus goodwill is termed as an Intangible as
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