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Lilit [14]
3 years ago
15

Which accounting course focus on the preparation of external financial statements by applying generally. Accepted accounting pri

nciples
Business
1 answer:
Marat540 [252]3 years ago
4 0

Answer:

The accounting course choice would depend on a country/legislation where financial statements are prepared.

General advise would be:

- US GAAP external financial reporting - CPA course

- IFRS external financial reporting - ACCA course

- Local financial statement reporting - local course (e.g. for Polish GAAP - "biegly rewident").

Explanation:

Please, see above.

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Answer:

Dr Available for sale securities 11,500

    Cr Unrealized gains - AFS securities 11,500

Explanation:

The securities cost is $420,000 while the fair market value is $431,500, so the difference is an unrealized gain of = $431,500 - $420,000 = $11,500.

Unrealized gains are included in Other comprehensive income account, which belongs under stockholder equity. When unrealized gains increase, then they should be credited.

Since the securities are held as investment assets, they should also increase by debiting the account.

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3 years ago
Analyse TWO benefits of being employed in an education sector (2×2=4)
chubhunter [2.5K]

Answer:

Benefits of being employed in the education sector include:

1)Being Exposed to Multiple Perspectives:  Jobs in education tend to expose employees to a wide variety of perspectives and many different opinions.

2) Stable Schedule: Employees in the education sector can rely on a reliable work schedule with stable hours and little overtime. In the education sector, you do not have to work over time. The timings are exact and flexible along with the weekends off.

7 0
3 years ago
Question 1 of 10
dolphi86 [110]

Answer:

B. A receipt.

Explanation:

A receipt is normally given to the person after he or she purchased something, in case if the person wants a refund or etc he can use the receipt for evidence to be able to do so.

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2 years ago
Economists use real gdp per capita to measure economic growth: even though nominal gnp per capita is a far superior measure of e
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