Who is a debtor
Who is a debtor? Briefly explain the term.
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Debtors are customer of any business association. They purchase goods from the businessman. However all customers are not debtor since when customer gets goods after prompt payment, and then he will not become the debtor.
Describe determinants of the operating exposure.
Using the data below,prepare abbreviated income statements for the year 2003 and 2004 on cash basis. Cash receipts from sales: 2003 2004 2005 on 2003 sales $295,000 $160,000 $30,000 On 2004 sales 0 355,000 90,000 On 2005
In integrated world financial market, financial crisis in country is rapidly transmitted to the other countries, resulting in the global crisis. State some of the measures would you propose in order to avoid the recurrence of the Asia-type crisis.
Journalize the below transactions, prepare relevant ledger accounts and finally trial balance. . XYZ Pvt Ltd 01.01.2009 Started business
Part A During 2012 the Australian Company Woolworths Ltd (WOW) sold its subsidiary business called Dick Smith Electronics. Within 8 months of the FOR SALE sign going up Anchorage bought the Dick Smith Business for $20 million. This is the same amount Woolworths Ltd bought
Define the meaning of sale in Accountancy?
Calculation Of IRR: IRR is the rate at which your discounted cash inflow becomes equal to your discounted cash outflow. In other words NPV=0. To determine this following steps are followed:- 1. Determine cash inflo
What is the meaning of Bill and Hold in Accounting? Briefly describe it.
what are the disadvantages of having adequate working capital?
Explain the difference between Retail Invoice vs. Tax Invoice?
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