Define Book value.

Q: Define sales journal.

A: Journal entry: Journal entry is a set of economic events which can be measured in monetary terms.…

Q: Make a Ledger

A: Based on the transactions given, the ledger accounts need to be prepared. Ledger is the second step…

Q: Define Account class exercise

A: Account class is the term used in the accounting software where there is need to classify customer…

Q: What is shelf registration?

A: Answer: Shelf registration is subject to Securities and Exchange Commission SEC Rule 415 of the…

Q: What is a roadshow? What is book-building?

A: Roadshow is a series of presentations done by the bankers to institutional investors around the…

Q: Explain purchase accounting

A: Purchase accounting means any premium paid by bidder in excess of the value of books of aims assets…

Q: Define the term posting process.

A:

Q: Define the term Markel/book ratio?

A: Different financial valuations metrics will be used to evaluate and to understand the company’s…

Q: When are the original cost and current book value are relevant?

A: Orginal cost is the cost paid to acquire the assets  Whereas the current book value is the value of…

Q: book value

A: To understand book balue first you have to understand about Historical Cost Principle.   Historical…

Q: How is QuickBooks organized?

A:

Q: What is the definition of bookkeeping?

A: Bookkeeping is considered as a part of accounting. It deals with the recording of day-to-day…

Q: explain each item

A: The ratio is the process of determining the relationship between the two variables. In accounting,…

Q: How is book value calculated, and what does it represent?

A: To compute book value as follows:

Q: How do you find invoice

A: The  question is based on the concept of Invoice and method to retrieve it. Invoice is a commercial…

Q: Importance and use of bookkeeping?

A: Double-entry bookkeeping system: The double-entry bookkeeping system by its name implies that there…

Q: book value

A: Book value means the value of any item as per books of accounts.

Q: Please define the term "Net book value."

A: Book value refers to the cost of an asset after deducting the depreciation or amortization expenses…

Q: journalizing?

A: Journalizing is the process followed by businesses in recording their transactions in an orderly…

Q: What is Journal?

A: Journal is a primary book of account in which transactions are first recorded in a chronological…

Q: Create a Ledger.

A: Ledger is a principal book that contains all the accounts such as Assets Accounts, Liabilities…

Q: How do I journalize?

A: Bonds payable are the type of long term bonds issued by the corporations. These are generated when…

Q: What is book value?

A: Depreciation: Depreciation is a method of reducing the capitalized cost of long-lived operating…

Q: Define shelf registration

A: Whenever a new issue is required to be placed in the stock market, it is required to be registered…

Q: What is bookkeeping

A: Book Keeping is one of the functions of accounting.

Q: What is the purpose of the general ledger history file?

A: General Ledger:   The financial information required for the preparation of financial report; of…

Q: create a ledger

A: Bank statement: The bank passbook is only a copy of the customer's accounts in the books of bank.…

Q: Match the items

A: Answer: Deferred Tax Liabilities – are always presented as non-current liability in the statement of…

Q: Create a General Ledger.

A: In bookkeeping, a general ledger, is a bookkeeping ledger in which accounting data is posted from…

Q: What is the difference between book value and

A: Answer: Below is the topmost comparison between Book Value vs Market Value: The basis of…

Q: What's the difference between book value and carrying value?

A: The entity needs to determine the carrying amount and book value of assets for preparing its…

Q: How do you calculate book value

A: Book Value: A book value is the value at which an asset is recorded in the balance sheet of the…

Q: What is Journal? Explain

A: Journal is a book in which all transactions are passed including cash , sales , purchase , expenses…

Q: Determine the book value for the Bullding.

A: Meaning of Book Value Book value of an asset refers to the value of an asset entered in the books of…

Q: what document initiates the sale process

A: In the above questions we have asked about the document which initiates sale process.

Q: What is a data dictionary?

A: Dictionary is the storage of words of a language where the equivalent meanings of the words can be…

Q: - record the purchase

A: Journal entry is the primary entry made for recording a particular accounting transaction.

Q: Need a ledger and a journal

A: Journal entries is a tool for recording business transactions into accounting records. Adjusting…

Q: How do you journalize entries on FOB shipping and FOB destination?

A: FOB shipping point: Under FOB shipping point the possession of goods are with the seller until the…

Q: Read and interpret abalance sheet.

A: A balance Sheet or statement of financial  position shows the list of assets, liabilities and equity…

Q: Define the term book value.

A: Accumulated depreciation: The total amount of depreciation expense deducted, from the time asset…

Q: Account

A: The account is a statement that records journal entries. In the double-entry system of accounting,…

Q: Define book-building (IPO)

A: Every business organization wants funds for its business activities. It can create funds either…