481 Answered Questions for the topic Financial Accounting

03/19/19

What are the three basic rules of accounting?
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Financial Accounting Accounting Quickbooks United States

03/19/19

How important is reconciling accounts for a small LLC (Quickbooks)?
We are in our first year of starting a small LLC. We are using Quickbooks Online and things are going well. The only exception is that, due to our lines of credit and bank accounts being personal... more
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Financial Accounting

03/18/19

What is the difference between paid-in capital and retained earnings?
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Financial Accounting Java Accounting Architecture

03/18/19

What technology should I use to create a distributed Accounting Software?
Here are my current options. 1. .Net : Using WPF, Visual C#, SQLServer 2. Java : Using Spring, Hibernate, Enterprise DB, web-based Can you suggest which one is better?, especially with regards... more
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Financial Accounting

03/18/19

What is an accounting period?
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Financial Accounting

03/18/19

What is the purpose of the cash flow statement?
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Financial Accounting

03/18/19

What is the distinction between debtor and creditor?
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Financial Accounting

03/18/19

What is a classified balance sheet?
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Financial Accounting Accounting Small Business Expenses

03/16/19

How to represent "out of pocket" purchases in general ledger journal entry?
If you use personal money to pay for expenses (advertising, equipmemt), how do you represent this in a journal entry? Normally, if the money was coming from the business, you would just decrease... more
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Financial Accounting

03/16/19

What is reported as property, plant and equipment?
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Financial Accounting

03/16/19

What are the effects of depreciation?
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Financial Accounting

03/15/19

What is a balance sheet and why is it prepared?
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Financial Accounting

03/14/19

Where do dividends appear on the financial statements?
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Financial Accounting

03/14/19

What is the difference between accounts payable and accrued expenses payable?
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Financial Accounting

03/14/19

What is the statement of financial position?
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Financial Accounting

03/14/19

What is the difference between a trial balance and a balance sheet?
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03/14/19

Is there a difference between managerial accounting and financial accounting?
In many universities and schools, there is both a Managerial Accounting and a Financial Accounting course. From what I can gather, Financial Accounting covers accounting from an perspective of an... more
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Financial Accounting

03/14/19

Would you please explain unearned income?
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Financial Accounting Managerial Accounting

03/12/19

What is the difference between financial accounting and management accounting?
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Financial Accounting

03/12/19

Help! Need help on my homework
Culver Corporation markets CDs of numerous performing artists. At the beginning of March, Culver Corporation had in beginning inventory 2,530 CDs with a unit cost of $7. During March, Culver... more
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Financial Accounting

03/07/19

Accounting FIFO
In its first month of operation, Ivanhoe Company purchased 320 units of inventory for $5, then 420 units for $6, and finally 360 units for $7. At the end of the month, 400 units remained.Compute... more
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Financial Accounting Accounting

02/21/19

Can you help me with the questions

Inventory Ethics: Jason Tierro, an inventory clerk at Lexmar Company, is responsible for taking a physical count of the goods on hand at the end of the year. He has been performing this duty for... more
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Financial Accounting

02/19/19

The cost management information system is primarily concerned with producing outputs for external users, true or false?
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Financial Accounting

02/18/19

What was the total amount of his or her sales
A salesperson receives 300 per month plus a commission of 4% on all sales over 2000. If earning one month are 940, what was the total amount of his or her sales.Look simple but confusing....
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Financial Accounting Finance Intrest

02/07/19

Financial Math Questions help me solve
A sum of $8 600 is invested in a bank account where interest is calculated at 15.5% per annum.a.     If this sum is invested for 20 years, what amount will it come to at the end of this twenty-year... more
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