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aliya0001 [1]
3 years ago
15

Use Financial accounting in a sentence​

Business
1 answer:
nlexa [21]3 years ago
7 0

Answer:

Explanation:

1. Accounting Theory Accounting theory is conventionally concerned with financial accounting, i.e. with accounting to external providers of finance.

2. Financial accounting information is classified into the categories of assets, liabilities, owner's equity, revenues, expenses, and net earnings (or net loss).

3. So in some course books of financial accounting, the ledger accounts Sales Returns and Allowances, Sales Discounts are called the off-set accounts of Sales Income.

4. For a long time financial accounting serves in keep and accounts.

5. Financial accounting the goal is expected accountant achieves goal or boundary.

6. The financial accounting report in the annual report must be audited by an accounting firm qualified to audit securities and futures business activities.

7. As a branch of financial accounting, accounting for income tax is different frow income tax accounting and it deals with the difference between accounting income and taxable income.

 

8. Cost measurement covers two different fields: financial accounting and managerial accounting.

9. Among the organizations, International Accounting Standard Committee and Financial Accounting Criterion Committee of U. S.

10. The article analyses the component parts of financial accounting report in detail.

11. The top U.S. accounting rulemaker, the U.S. Financial Accounting Standards Board, will discuss mark-to-market guidance at its board meeting on Monday, according to its website.

12. As contrasted with financial accounting, a managerial accounting information system provides both historical and estimated information that is relevant to the specific plans on more frequent basis.

13. Since the Financial Accounting Standards Board has specifically called for using the title statement of cash flows, title diversity virtually does not exist for this statement.

14. Financial accounting has the function of control.

15. Get the Financial Accounting Standards Board to make public companies disclose one number that's currently not required -- the amount of federal income tax they pay for a given year.

15. Sentencedict.com is a online sentence dictionary, on which you can find excellent sentences for a large number of words.

16. With his support and encouragement I took my first somewhat unsteady steps towards the production of a unit in financial accounting.

17. It is also important to note, at the outset, the distinction between financial accounting and management accounting.

18. Readers interested in further details may consult any standard financial accounting textbook.

19. The term generally accepted accounting principles is somewhat debatable in the field of financial accounting.

20. Under generally accepted accounting principles, companies may use straight-line or one of the accelerated methods of depreciation for financial accounting purposes.

21. What has particularly alarmed some corporations is that Jenkins now is chairman of the Financial Accounting Standards Board.

22. Subject matter includes international accounting, accounting education , information systems, financial accounting, managerial accounting, and legal topics.

23. The CNAO has taken the task of preparing The Interface Standard for Financial Accounting Software Data.

24. Business combinations have caused a series of problems to financial accounting, such as how to recognize the purchase cost, how to measure goodwill, and how to choose accounting methods and theories.

25. Article 4 No organization or individual may instigate, instruct or force an enterprise to compile and tender a financial accounting report which is false or conceals any important fact.

26. Asset measurement is one of the core issues of Financial Accounting, and it is also among the most controversial ones.

27. The company that issues new stocks or bonds in accordance with the law shall also publish its financial accounting report.

28. The paper analyzes the great influence of the intelligence economy on the three factors of financial accounting report.

29. Assist in investment and finance project, providing services and support of financial accounting, cost and sensibility analysis.

30. Securities and Investment is a freely elective course of the Financial Accounting Education specialty.

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Anika [276]
The answer, on the point of view of Boster, is A. Debit notes receivable and credit accounts receivable (not payable i think). This is from the point of view of Boster. So to Boster, he will have an accounts receivable by Martin company. So what Martin did is that he offered a promissory note to Boster. This will increase Boster's notes receivable. At the same time, this will also lessen Boster's accounts receivable since this turned into a notes receivable. 
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Heather Hudson makes stuffed teddy bears. Recent information for her business follows: Selling price per bear $ 32.50 Total fixe
Neporo4naja [7]

Answer: 26.5% increase

Explanation:

Current profit = Sales - Variable costs - fixed costs

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New profit;

= ((32.50 - 16.50) * 432 bears) - 1,420

= $5,492

Effect of sales increase = ( 5,492 - 4,340) / 4,340

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8 0
3 years ago
Ed needs to take out a loan for $7,000 to purchase a car. His bank has offered him a loan at 10.0% interest, compounded monthly,
Evgesh-ka [11]
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Suppose output is $35 billion, government purchases are $10 billion, desired consumption is $15 billion, and desired investment
Alex17521 [72]

Answer:

Net foreign lending would be equal to <u>$4 billion</u>.

Explanation:

This can be computed using the formula for computing the total output of an open economy as follows:

Y = C + G + I + NX .................................. (1)

Where;

Y = Total Output = $35 billion

C = Desired consumption = $15 billion

G = Government purchases = $10 billion

I = Desired investment = $6 billion

NX = Net foreign lending = ?

Substituting the values into equation (1) and solve for NX, we have:

$35 = $15 + $10 + $6 + NX

$35 - $15 - $10 - $6 = NX

NX = $4 billion

Therefore, net foreign lending would be equal to <u>$4 billion</u>.

8 0
3 years ago
Assuming a 360-day year, when a $20,000, 90-day, 5% interest-bearing note payable matures, total payment will be
solong [7]

Answer:

total payment will be $21,000.

Explanation:

The Payment at maturity will include, the Principle amount (amount borrowed) and the Interest that accrued over the period of the note payable.

<u>Total Payment Calculation :</u>

Principle amount            = $20,000

Interest ($20,000 × 5%) =    $1,000

Total Payment                =  $21,000

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3 years ago
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