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How is unrealized profit treated?

Entire unrealised profits should be deducted from the current revenue profits, ie Profit and Loss Account (Surplus) of the holding company. II. The same a...

Dec 30, 2025 0 views
science

Why do we prepare income statement?

The purpose of the income statement is to show the reader how much profit or loss an organization generated during a reporting period. A lender is most in...

Dec 30, 2025 0 views
science

What do you mean by batch costing?

Batch cost is the cluster of costs incurred when a group of products or services are produced, and which cannot be identified to specific products or serv...

Dec 30, 2025 0 views
science

Can you travel Europe with a student visa?

This visa permits its holder to remain in the Schengen territory for a maximum of 3 months. If your study or training course lasts longer than that, you s...

Dec 29, 2025 0 views
science

What was DMX highest net worth?

DMX is an American rapper who rose to fame in the 1990s. He previously enjoyed a successful career in the music industry, selling more than 70 million alb...

Dec 29, 2025 0 views
science

Can you get a job at 14 in Ohio?

Applying For a Work Permit in Ohio While minors can begin working in Ohio at the age of 14, all minors must have a working permit (also called an age and ...

Dec 29, 2025 0 views
science

What type of account is supplies?

Account Types Account Type Debit SUPPLIES EXPENSE Expense Increase TRADING SECURITIES Asset Increase TREASURY STOCK Contra Equity Increase UNCOLLECTIBLE A...

Dec 29, 2025 1 views
science

How many zeros are in a milliard?

9 1,000,000,000/Number of zeros How big is a milliard? A “milliard” was what we now call a “billion,” or a thousand million. What they called a “billion” ...

Dec 29, 2025 1 views