What are some ways to exercise indoors?
Alternate swimming, walking, or jogging laps in the pool with leg lifts, bicep curls, squats, or chest presses. (You can use flotation weights or just do ...
Category: News
Why did the gold standard collapse is there a case of returning to some type of gold standard What is it?
The massive cost of World War one forced many major nations to print money. In order to avoid a collapse in the value of their currency, said countries un...
What is the difference between futures contract and options?
A futures contract is an agreement between two parties to buy or sell an asset at a certain time in the future at a certain price. An options contract giv...
What is net borrowings on cash flow statement?
Net borrowings is a line item showing the total amount of money borrowed for financing activities for a business. This can include short term notes, long ...
What are the effects of convention of conservatism?
The convention of conservatism will have the effect of understatement of assets. According to conservatism principle all the anticipated losses and expens...
What is the relationship between current assets and current liabilities?
To do so, simply divide the company’s current assets by its current liabilities. Current assets are those which can be converted into cash within one year...
Is forward contract an asset?
A forward contract is a customizable derivative contract between two parties to buy or sell an asset at a specified price on a future date. Forward contra...
Why is contribution margin important to managers?
Analyzing the contribution margin helps managers make several types of decisions, from whether to add or subtract a product line to how to price a product...
How do you record bad debt expense and allowance for doubtful accounts?
Bad Debt Allowance Method Estimate uncollectible receivables. Record the journal entry by debiting bad debt expense and crediting allowance for doubtful a...
How do you account for gratuity in accounting?
Under Accounting Standards that are used in India, such as Ind AS 19 and As 15(R), gratuity has to be accounted as a liability when the employee has rende...
