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current events

Can you relate piconet and scatternet?

The bluetooth network consisting of one or more piconets is known as scatternet. The devices in one piconet type may function as master or slave in anothe...

Jan 05, 2026 0 views
current events

What US companies make furniture?

The 8 Best American-Made Furniture Companies of 2021 Maiden Home. “Each piece of their furniture is made in North Carolina by skilled craftsmen and the co...

Jan 05, 2026 0 views
current events

Do you debit drawings?

The typical accounting entry for the drawings account is a debit to the drawing account and a credit to the cash account (or whatever asset is being withd...

Jan 05, 2026 0 views
current events

Why was the Hudson Bay Company important?

The Hudson’s Bay Company (HBC), chartered 2 May 1670, is the oldest incorporated joint-stock merchandising company in the English-speaking world. HBC was ...

Jan 05, 2026 0 views
current events

What is a low cost to income ratio?

The lower the cost to income ratio, the better the company’s performance. The cost to income ratio is primarily used in determining the profitability of b...

Jan 04, 2026 0 views
current events

What are the 2 types of journal entry?

Double entry bookkeeping There are two methods of bookkeeping (and therefore, two methods of making journal entries): single, and double-entry. The most c...

Jan 04, 2026 0 views
current events

Does trial balance always tally?

Tally Solutions | Nov-21-2019 The rule to prepare trial balance is that the total of the debit balances and credit balances extracted from the ledger must...

Jan 04, 2026 0 views
current events

Which accounting concept needs adjustment?

Income statement accounts that may need to be adjusted include interest expense, insurance expense, depreciation expense, and revenue. The entries are mad...

Jan 04, 2026 0 views
current events

What are considered liabilities in accounting?

Liabilities are any debts your company has, whether it’s bank loans, mortgages, unpaid bills, IOUs, or any other sum of money that you owe someone else. I...

Jan 04, 2026 0 views
current events

What are assets on an adjusted trial balance?

The formula for current assets is calculated by adding all the asset from the balance sheet that can be transformed to cash within a period of one year or...

Jan 04, 2026 0 views