current events
Is long term debt financing or investing?
Long-term debt appears in the cash flow statement under financing activities. This includes borrowings and payments. A business must weigh the decision to...
Jan 03, 2026 0 views
Browsing Resource
Current Events
Expert insights and detailed technical documentation about Current Events.
current events
What type of account is amortization?
The accounting for amortization expense is a debit to the amortization expense account and a credit to the accumulated amortization account. The accumulat...
Jan 03, 2026 0 views
current events
What are the duties of an accounting manager?
Oversees preparation of business activity reports, financial forecasts, and annual budgets. Oversees the production of periodic financial reports; ensures...
Jan 03, 2026 0 views
current events
Why is finance better than accounting?
So finance degree students will likely be more interested in financial strategy and control, while accounting degree students will be more focused on prof...
Jan 03, 2026 0 views
current events
How do you calculate salvage payback period?
There are two ways to calculate the payback period, which are: Averaging method. Divide the annualized expected cash inflows into the expected initial exp...
Jan 03, 2026 0 views
current events
What does egg and conditioner do to your hair?
Applying egg yolk topically to your scalp can infuse the root of your hair with vitamins. This means that the new hair will grow out stronger and be less ...
Jan 03, 2026 0 views
current events
Is electricity a controllable or uncontrollable cost?
Controllable expenses are ones that can be adjusted or “influenced” by someone. These are expenses that can be increased or decreased based on a retailer’...
Jan 03, 2026 0 views
current events
Is fees income the same as revenue?
Fee income is the revenue that a financial institution earns on services rather than interest payments. What is included in net revenue? Net revenue is de...
Jan 02, 2026 0 views
current events
How do you account for donations received?
If you receive a donation for assets your nonprofit will keep and use in the course of business, record this transaction as a DB to the asset account and ...
Jan 02, 2026 0 views
current events
What is valuation in estimation and costing?
Valuation is the technique of estimation or determining the fair price or value of property such as building, a factory, other engineering structures of v...
Jan 02, 2026 0 views
current events
Why LIFO is better than FIFO?
If your inventory costs are going up, or are likely to increase, LIFO costing may be better because the higher cost items (the ones purchased or made last...
Jan 02, 2026 0 views
current events
What is difference between trade discount and cash discount?
Trade discount is given on the catalogue price of the goods while the cash discount is given on the invoice price. Trade discount is granted with the aim ...
Jan 02, 2026 0 views
