Accounting theories give an idea of how to do it, how to follow it and the corresponding methodology, therefore the owner of a company must recognize these accounting theories to comply within the company.
We have the following accounting theories:
Comparable: It must be presented in a way, which may be compared thoroughly. Such as sales increased by way of 10% from the closing yr.
Relevant: Accounting information ought to be relevant; such as contemporary yr’s records with relevant facts have to be presented in economic report.
Consistent: Methods applied in accounting ought to be consistent; assume immediately line technique of charging depreciation is accompanied since last 5 years. If such technique is converting heavily, like instantly-line for this year and double declining technique inside the coming yr, then the system isn't regular and it doesn’t indicate smooth accounting.
Reliable: There should be reliability; such as coins bills are supported by way of respective vouchers of coins disbursements.
Answer:
11.1 times
Step-by-step explanation:
Answer:
11%
Step-by-step explanation:
1/3 (twix)
1/3 (snicker)
1/3 x 1/3 = 1/9
1/9 = .11
.11 = 11%
Answer:
Step-by-step explanation:
The student currently has $50 and plans to save $15 every month.
Let x represent the number of months that the student will save enough money to buy the microscope.
Let y represent the amount that the student saves after x months.
The function that represents the amount y (in dollars) of money that the student saves after x months will be
y = 50 + 15x
The 50 remains constant because she has already saved it