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We also accept late minute order. You can bank on our services anytime anyday. Accounting is the studies that involve recording, evaluating, and controlling financial transactions of a business or company. Accountants have the responsibility to provide correct data according to the policies and immutable ethics of the profession. In other words, Accounting is also the process of keeping the monetary accounts and reports.
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Due to computerized accounting data, you need a good technical skill. Students should take as many computer-based programs as possible to compete in the industry. Strong analytical skills are essential elements for all accounting tasks. Actually, the important lessons include spreadsheets and general ledger balance, cost accounting, audit, federal income tax, medium and advanced accounting, fraud prevention systems and forensic accounting.
If you cannot find these titles fascinating, then this opportunity is this career is not for you. Match the following definitions with the proper financial statements: The statement of cash inflows and outflows C. The statement of revenues and expenses D. Which of the two above statements report data for a period of time as opposed to a specific date in time?
Which of the following journals should be used to record the transactions listed below: Borrowed cash from a bank. Sold merchandise for cash. Recorded depreciation expense for the year. Paid an account payable.
Returned merchandise to a supplier for credit. Sold merchandise for credit. Sold common stock for cash. Write off an account receivable to bad debt expense. Collected an account receivable. Number the following items in the order of their usual appearance on a balance sheet: Which of the following statements is true? What is the accounting equation most stated as?
What is the name for a formal report that shows what an individual owns, what an individual owes, and the difference between the two? Variable costs change in direct proportion with a change in the volume of activity, while fixed costs remain unchanged within the relevant range of activity. Within that two week period, 4 of the working days were in August, and 6 were in September. How much should be accrued in August? Which of the following statements is false?
Indirect labor is charged to the product, while direct labor is considered overhead.
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