When and how was palladium discovered?
Periodic Table app Discovery date 1803 Discovered by William Hyde Wollaston Origin of the name Palladium is named after the asteroid Pallas, in turn named...
Category: Updates
What is the objective of accounting for income taxes?
The objectives of accounting for income taxes are to recognize (a) the amount of taxes payable or refundable for the current year and (b) deferred tax lia...
What should my net worth be at 46?
Tracking your net worth over time is a helpful indicator of your financial stability, since it shows you the value of everything you own minus your debts…...
Can I buy land and put a modular home on it?
Manufactured homeowners can place their new home on land leased from a manufactured home community or place their home on land they own. Buying land to pl...
What does ROC Stsnd for?
ROC stands for Russian Olympic Committee. Who can do ROC filing? As per Section 134 of the Companies Act, 2013 the financial statement, including consolid...
How do you finalize financial statements?
Follow these steps: Close the revenue accounts. Prepare one journal entry that debits all the revenue accounts. Close the expense accounts. Prepare one jo...
What is the Colour of the silver nitrate solution?
The silver nitrate solution changes colour from whitish – colourless solution to a blue coloured solution. This happens because copper displaces silver in...
What happens when YTM equals coupon rate?
When a Bond’s Yield to Maturity Equals Its Coupon Rate If a bond is purchased at par, its yield to maturity is thus equal to its coupon rate, because the ...
What is the journal entry for posting gift certificates?
The sale of a gift certificate should be recorded with a debit to Cash and a credit to a liability account such as Gift Certificates Outstanding. How do I...
What is the purpose of trading profit and loss account?
Trading and profit and loss accounts are useful in identifying the gross profit and net profits that a business earns. The motive of preparing a trading a...
