What are Arrears
What are Arrears? And what are the conditions to make Arrears?
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Arrears: When any payment or debt is not paid on its due date, this becomes arrears. There are numbers of expenses and other payments that are not paid on due date and such become payment in arrears. Payment made at the end of a period is as well arrears.
Explain the term bank reconciliation statement?
Unit Cost: The cost of a chosen unit of a good or service. Illustrations comprise dollar cost perton, machine hour, labor hour, and department hour.
Write down the different techniques employed to liberate the function of management accounting?
Limited partnerships: Limited partnerships are an alternative to limited liability companies because of their simplicity. All the states encompass passed limited partnership legislation.A limited partn
A function of measuring and assigning production costs to determine the unit cost. Actual revenue assigns the real cost of materials, labor, and overhead to ma
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Value-Added Activity: An activity which is judged to contribute to customer value or gratify an organizational requirement. The characteristic "value-added" reflects a belief that the activity can’t be removed without decreasing
Assignment 1: A adjusted Trial balance table given below: Southwest Business School Q : Explain Dissolution 1) Dissolution ENDS 1) Dissolution ENDS the partnership. a) Action of the parties: • By the expiration of a fixed term;• If entered
1) Dissolution ENDS the partnership. a) Action of the parties: • By the expiration of a fixed term;• If entered
describe how costs can be classified giving examples in each classification. explain how the different cost classifications can assist management in decision making
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