politics
Is wages and salaries debit or credit?
Wages is a nominal account and because this is an expense of Business, as such, Wages account will be debited according to the rule of “Debit all expenses...
Dec 30, 2025 0 views
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What is included in managerial accounting?
Managerial accounting encompasses many facets of accounting, including product costing, budgeting, forecasting, and various financial analysis. What do yo...
Dec 30, 2025 0 views
politics
What is remarketing and how do you do it?
Remarketing campaigns are designed to display ads to potential customers who visited your site or used your mobile app. It’s an effective technique that a...
Dec 30, 2025 0 views
politics
What is the meaning of as at in accounting?
“As at” means at a particular time. It’s used in accounting in reference to, say, a balance sheet, “As at 31 March 2007” meaning it is a snapshot of the p...
Dec 30, 2025 0 views
politics
How does S Corp affect personal taxes?
How are S corps taxed? S corps don’t pay corporate income taxes, so there is not really an “S corp tax rate.” Instead, the company’s individual shareholde...
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politics
What is the purpose of JP 1?
It provides military guidance for the exercise of authority by combatant commanders and other joint force commanders (JFCs), and prescribes joint doctrine...
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politics
What is imprest system of petty cash book explain with example?
This system is known as Imprest System of Petty Cash Book. For instance, a business estimates that a sum of Rs 500 is required to meet small expenses in t...
Dec 30, 2025 0 views
politics
What is the accounting principle upon which deferrals and accruals are based?
The accounting principle upon which deferrals and accruals are based is. been earned and not recorded as revenue. Prior to the adjusting process, accrued ...
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politics
What is an example of ethnocentrism?
Ethnocentrism is the term anthropologists use to describe the opinion that one’s own way of life is natural or correct. An example of ethnocentrism in cul...
Dec 29, 2025 0 views
politics
Why does Accumulated depreciation have a credit balance?
Accumulated depreciation has a credit balance, because it aggregates the amount of depreciation expense charged against a fixed asset. This account is pai...
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politics
What are the demand determinants for durable goods?
Demand for durables like autos and appliances, was found to be driven by the disposable income, wealth, the exchange rate, availability of consumer credit...
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politics
Are US dollars accepted in Brunei?
Under a Currency Interchangeability Agreement in 1967, the Brunei dollar is interchangeable with the Singapore dollar at par. As such, the Brunei dollar i...
Dec 29, 2025 0 views
