I love the dichDiscussion
1) What kind of accounting system each business shouldnt have? What should the method cung
a. A accounting system. The method used the most effective means again phải cung of recording, and presenting the appropriate tính tổng accounting data for management and for others who have an interest in the business
2) What is an accountant responsible for setting up a system in?
The records, and the PROCED ¬ures
3) What kind of equipment can be utilized where speed is impor¬tant?
Transactions thu
4) How are transactions in accounting systems thu?
in terms Monetary
5) What are some typical business transactions? Are all of the organization added outside?
Purchase of merchandise, supplies, and services;
sale of merchandise,
receipt and disbursement of cash,
negotiable instruments of receipt and issue, checks or notes như;
acquisition of property,
incurring and paying debts;
transfer of merchandise from warehouse to store; and
use of supplies and services in the operation of the business
6) What is the unit of measure in accounting in the United States? Is it used anywhere else?
Is USD. Print International transaction
7) What is in the accounting gõ journals of the business? Where does this information vẻ Gist Thường?
Is the first dollar of transaction.Informatrion Thường vẻ document on the business, a sales invoice như
8) Why are business papers Considered essential như sales invoices in accounting references?
Vì chúng reflect alterations in the company's Financial position and operating performance.
9) What are two basic financialstatements in a business?
The balance sheet and the operation statement
10) What does the balance sheet show?
It shows the assets, Liabilities, stockholder's equity of company on the last day of the accounting period
11) What is the formula expresses a state of equilibrium có for a business?
The fomula is total asset = Liabilities + stockholders'Equity total
12) What does a statement of owners 'equity show?
A statement of owners' equity shows what changes have lỗi in Regard to equity since the previous balance sheet was biên, about Investment or disinvestment of business, profit or losses from it's operations
13) What other terms are used for security operations statement?
Income Statement (baocaothunhap, noivelaigop), Retained Earning statement (baocaothunhapthuc, Statement Of Cash flows (baocaovedongtien)
14) What does the operations statement show? What can be Considered as operations?
Shows an Decrease in working capital tăng hay for the year and how this change arose.
15) What is the difference the between gross profit and net income or income and profit?
Gross profit (laigop) is The profit from Costs for the direct sales after producing the Goods or services deducted được
Net income = total revernue- totalexpense
16) What is a Financial Statement basic third called? What does it show?
A Financial Statement is the third basic statement of changes in Financial position
shows an tăng mà in working capital Decrease or for the year and how this change
arose. In some cases, this statement shows the change in the sẽ cash position thay
the change in working capital.
17) What are the three basic types of Businesses in terms of oper-ations?
Service, merchandising, MANUFACTURING
18) What are some examples Businesses of service? If possible, give other examples.
Hotel, restaurant, hostpital ....
19) What are examples of merchandising Businesses? Cite other examples.
Market, shopping mall, outlet, ....
20) In what does a manufacturing business cách khác change the form of Goods? Give examples, gồm some của own, if possible
A manufacturing business by changes dạng Method for analysis
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