Expert insights and detailed technical documentation about Global Affairs.
When you create financial statements, both generally accepted accounting principles and international financial reporting standards require that you assig...
Amalgamation is the combination of two or more companies into a new entity by combining the assets and liabilities of both entities into one. The transfer...
The preparation of a final accounting is the last stage of the accounting cycle.It determines the financial position of the business. under this it is com...
Counts by Employees On Site (Updated February 2021) Employees on Site Number of Businesses 20 – 49 employees 726,627 50 – 99 employees 295,390 100 – 249 e...
Answer: carnivores, herbivores and omnivores. What are consumers and what are the 3 groups of consumers? Within an ecological food chain, consumers are ca...
Net sales is the sum of a company’s gross sales minus its returns, allowances, and discounts. Net sales calculations are not always transparent externally...
Examples of direct costs are direct labor, direct materials, commissions, piece rate wages, and manufacturing supplies. Examples of indirect costs are pro...
Bank overdraft is a liability for us and is asset for bank. sheet on liability side. balance sheet under current assets. Is bank overdraft a liability or ...
Liabilities — amounts owed by a company to others. Current liabilities are those amounts due within one year or less and usually include accounts payable,...
Some companies will list the total cost to make a product under cost of goods sold (COGS) on their financial statements. On the other hand, a retail store...
Variable overhead is the cost of operating a business, which fluctuates with manufacturing activity. As production output increases or decreases, variable...
5 Rules for Your Retail Merchandising in 2019 Align Retail Displays with What Customers Want—Not What They Need. Ideally, your retail displays should alwa...
