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Define the three components of the accounting equation?
The accounting equation is as follows: ASSETS = LIABILITIES + EQUITY
Define the purpose of accounting and identify the four basic financial statements?
The purpose of accounting is provide information to the users like investors ,financial institutions and to other clients. The four basic financial statements are balance sheet,income statement,cash flow,statement of retained earning.
Define or describe the phrase 'red Flags explain the impact of red flags identified by auditors on each major phase of an audit?
Red flags are associated with a fraudulent item referenced on a financial statement. It could represent an accounting issue, unusual increase in financial growth or rapid financial decline.
Define debit and credit in accounting?
For P&L items Debit is what has gone and Credit is what is come. and for B/S items majorly Debits are our assets and Credits are our liabilities.
What are the four phases of accounting and define each?
Following are four phases of accounting:Recording - Recording in journalClassifying - Classifieng to ledgersSummarizing - Summarizing to financial statementsInterpreting - Financial ratios etc.
Define 'Accounting' Distinguish between Financial Accounting and Management Accounting?
Define 'Accounting' Distinguish between Financial Accounting and Management Accounting
Define and distinguish between entries on the books and entries on the workpapers and explain why such an entries on the books and on the workpapers are required in the consolidation process?
what is distinguish between bookkeeping and accounting? what is distinguish between bookkeeping and accounting? what is distinguish between bookkeeping and accounting?
Questions with 'how do you define budgetary capital expenditure also explain Pay back and accounting rate of return?
Average anual profit = average operating cash flow - depreciation
What is the definition of public relations by Sam Black?
Define and explain public relations as given by Sam Black. Define and explain public relations as given by Sam Black. Define and explain public relations as given by Sam Black. Define and explain public relations as given by Sam Black. Define and explain public relations as given by Sam Black.
Enumerate various sub - fields of accounting?
enumerate and define the fields of accounting and the sub category
Define organizational behaviour and explain how it is used in the organizational setting?
define organizational behaviour and explain how it is used in the organizational setting
What is a synonym for construe?
explain, define
How do you explain and define deforestation?
What is deforestation?
How much does a person working in accounting earn?
define witch country?? and what Post?
What is another word for clarify?
Explain and Define
Define the three components of the accounting equation?
The accounting equation is as follows: ASSETS = LIABILITIES + EQUITY
In Microsoft Excel you dont have LHS explain that?
I might be able to explain it if you define LHS.
