What are the reasons to become an accountant
What are the reasons to become an accountant?
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Accountancy offers a respected professional qualification that can lead on to a wide range of opportunities in production. Accountancy is now a fast changing profession, so they are seeking for individuals with initiative who can deal with change.
Most of the income of the well-built accountancy firms nowadays comes from consultancy and related services rather than from audit. In audit you will spend most of the time visiting clients and asking questions, so good interpersonal skills are essential.
Rs. Sales 2,40,000 Variable costs 1,44,000 Fixed costs 26,000 Profit before tax 70,000 Rate of tax 40% Firm is proposing to buy the new plant that could generate extra annual profit of Rs. 10,000. The fixed cost of new plant is expected to Rs. 4000. New plant would increase sales volume by Rs. 40,00
Briefly describe the term Net Profit?
Give a brief introduction of the term ‘Business Entity Concept’?
On December 31, 20x1, the Juniper Company purchase a group of four assets for a total cost of $850,000. An independent appraiser assesses the fair value of each asset as follows: Asset Fair Value Land $100,000 Building 600,000 Equipment 250,000 Fixtures 150,000 Prepare the jour
What are the three best golden rules of accounts?
Give a brief introduction of the term time value of money? What are the methods employed for this?
Provide a brief introduction of the term depreciation? Write down the causes of depreciation?
Write down the number of day is right issue of shares kept open?
What do you understand by the term ‘Efficient market hypothesis’?
As per Companies Act and Income Tax Act compare Depreciation?
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