Under the assets side what types of items appear
Under the assets side what types of items appear?
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Fixed Assets:
- Building - Land - Machinery - Furniture - Vehicles - Computers Current Assets:
- Sundry Debtors -Stock - Bank Balance - Cash Balance - Prepaid Expenses
Write down the demerits of IFRSs.
Depreciated the equipment, estimated life 5 years, estimated salvage value $5000, straight line depreciation
When a company wants to raise funds from intermediaries what functions does the Merchant bank perform?
Give a brief introduction of the term ‘accounting concepts’?
Give a brief introduction of the term ‘valuation of receipts’?
Describe briefly the term Balance Sheet? Why is Balance Sheet prepared?
What are the qualities that would make you a good accountant?
Write down the requirement of depreciation account?
Specify the reason to choose the A-levels?
Describe briefly the purposes which cause pass book of the bank and your bank book not tally?
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