q why we need book valuebook value -- total
Q. Why we need book value?
Book value -- total assets minus total liabilities. Book value also meansvalue of an asset as recorded on the company's financial reports or books. Book value isgenerally different than true value. It may be more or less.
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q describe about fixed assetsfixed assets cant be quickly turned into cash without interfering with business operationsfixed assets comprise
q what is intangible assetsintangible assets are items likecopyrights patents licenses trademarks franchises andother kinds of rights or things of
q what are bad debtsbad debts -- amounts owed to a company which arent going to be paid an accountreceivable becomes a bad debt when its recognized
q what is the use of balance sheetbalance sheet -- a statement of the financial position of a company at a single specific timeoften at the close of
q why we need book valuebook value -- total assets minus total liabilities book value also meansvalue of an asset as recorded on the companys
q what do you mean by breakeven pointbreakeven point -- the amount of revenue from sales that exactly equals the amount ofexpense breakeven point is
q describe about capitalcapital -- money invested in a business by its owners on the right side or bottom of a balance sheet capital also denotes to
q what do you mean by capitalizecapitalize -- to capitalize means to record an expenditure on balance sheet as an assetto be amortized over the
q show the chart of accountschart of accounts -- a listing of all accounts or categories into that businesstransactions would be classified and
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