Alternate Payee Endorsement Alternate payee endorsement is when the original payee endorses the draft to another entity, and this other entity endorses it again.
Composite Financial Statement A composite financial statement is an average of financial statements of either two or more companies or two or more periods.
Unearned Rent Unearned rent is the rent received in advance before it is actually earned.
Doubtful Debts Doubtful debt is a debt owed to the business the recovery of which, is not certain.It can be compared to the accounts audit which ensures that the true accounting details are disclosed.Net Debt Net Debt (Debt Short Term Loans) - Current Assets.Journal of Accountancy (November 385-386.Equity Accounting Equity Accounting is the practice of showing the undistributed profits of another company in which one company holds an ownership of below.Managed Receivables Managed receivables are those receivables on thuisbezorgd kortingscode oktober which the company performs billing and collection.Sensitivity Analysis Sensitivity analysis helps the company check the sensitivity of an item in relation to the various external or internal changes.Marketable Security Marketable security is an equity or debt security that can be easily traded.Return on Capital Employed Profit Before Income and Taxes / (Total Assets - Current Liabilities) Return on Equity Return on Equity Net Income / Shareholders Equity Return on Investment Return on investment measures the total cash coming into the business on account of an investment.Depreciation Depreciation is writing off the book value of a fixed asset every year, due to the reduction in its value caused by wear and tear, obsolescence, etc.These assumptions are called accounting concepts.
Up P PA PA is the acronym for per annum.
Periodicity Concept Periodicity Concept is the accounting concept, which states that each accounting period has an economic activity associated with it, and that this activity can be measured, accounted for, and reported.
Cash Deficit Cash deficit means the excess of cash payment obligations over the total cash available.
Gross Profit Gross profit is the excess of sales over production costs.
Residual Equity Theory Residual equity theory states that the owners of common stock are the actual owners of the company.
Financial Budget Financial budget can be broken up into two types.Current Ratio Current ratio is the ratio that compares the current assets to the current liabilities in the company.Absorption Costing Absorption costing absorbs all costs under two head product costs (manufacturing costs) and period costs (non-manufacturing costs).O P, q R, s T, u V, w X, y Z A Above the Line Above the line items are those revenue and expense items that directly affect the calculation of periodic net income.Journal Entry Journal entry is a record of the transactions made by the business.Debit Record Refer Debit Debt A debt is money or goods or services, which one business owes another business.


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