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.
Define the term Cash in accountancy?
Intangible assets: It is the asset that is not visible however we can feel them. The main examples of these assets are goodwill, patent and trade marks.
What is equipment expense or what are equipment expenses?
The typical mid-sized hospital trying to keep its head above water in the increasingly tight health care market. It has determined that a critical area for it in today’s market is customer service. Until eight or nine years ago, hospital’s had a reputation
The following information for the month of December 20x6, with respect to cash activities, was gathered by Tressa Ltd.’s bookkeeper. Cash balance per books, December 1 $ 3,700 Q : Historical Cost of Fixed Assets What What are the Historical Cost of Fixed Assets?
What are the Historical Cost of Fixed Assets?
State the characteristics of the Dual currency bonds market instrument.
Accounts Receivable: The money owed by customers (that is, individuals or corporations) to other entity in exchange for services or goods that have been employed or delivered, however not yet paid for. Receivables generally come in the form of operati
State the purpose of Export-Import Bank?
Techniques of valuation of goodwill: A) Average profit technique B) Super profit technique C) Capitalization technique
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