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What is included in the statement of owners equity?
The statement of owner’s equity reports the changes in company equity, from an opening balance to and end of period balance. The changes include the earne...
Jan 01, 2026 0 views
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What are the emerging markets in 2020?
Methodology Country GDP Growth Forecast 2020 (%) Competitiveness Score 2019-2020 Cambodia -1.587 52.1 China 1.181 73.9 India 1.871 61.4 Indonesia 0.499 64...
Jan 01, 2026 1 views
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Do leasehold improvements qualify for bonus depreciation 2020?
The CARES Act of 2020 QIP assets acquired after 09/27/2017 and placed in service after 12/31/2017 are eligible for 100% bonus depreciation expensing per t...
Jan 01, 2026 0 views
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What is Patmi in finance?
#4 PATMI: Profits After Tax & Minority Interests What is this: An important financial formula to note, this is a relevant term for listed holding comp...
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What was the total cost of the 2004 Summer Olympics?
The 2004 Olympic Games’ record €11 billion price tag — the equivalent of about $14 billion and more than double the original projected cost — has left Gre...
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What are some of the research topics in accounting?
35 Interesting Accounting Research Paper Topics Need for accounting software. Latest developments in accounting software. Dilemmas of accounting ethics. H...
Jan 01, 2026 0 views
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What is meant by a sunk cost?
A sunk cost refers to money that has already been spent and cannot be recovered. A sunk cost differs from future costs that a business may face, such as d...
Dec 31, 2025 0 views
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What taxes does a business pay?
C corporations, or traditional corporations, pay the corporate tax of 8.84% or AMT of 6.65%, depending on whether they claim net taxable income. 6 For exa...
Dec 31, 2025 0 views
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What is the journal entry for salary paid to employees?
Salary expense is recorded in the books of accounts with a journal entry for salary paid….Accounting rules applied – Three Golden Rules. Salary Account De...
Dec 31, 2025 0 views
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Where does work in progress go on balance sheet?
WIP is a component of the inventory asset account on the balance sheet. These costs are subsequently transferred to the finished goods account and eventua...
Dec 31, 2025 0 views
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What is subscribed capital stock?
Subscribed shares are shares that investors have promised to buy. These shares are usually subscribed as part of an initial public offering (IPO). Subscri...
Dec 31, 2025 0 views
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What are the types of Computerised accounting?
Examples of accounting software packages designed for small businesses include QuickBooks, Sage (or Peachtree), and Bookkeeper. Depending upon which versi...
Dec 31, 2025 0 views
