Similar words: accounting, accrual accounting, tax accounting, unit of account, cost accounting, accounting income, accounting year, accounting data. Meaning: n. a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts.
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1. The equity method of accounting is generally used when from 20 to 50 percent of the subsidiary is owned by the parent.
2. The 1992 figures reflect a change in the method of accounting for certain deferred income tax benefits.
3. The 1993 figures reflect changes in the method of accounting for post-retirement benefits.
4. Respondents are asked to indicate the method of accounting for convertible debt which they consider should be required.
5. It refers to the method of accounting which reports in terms of funds rather than in terms of organizations.
6. How does the accrual method of accounting expenses work?
7. The Corporation shall utilize the accrual method of accounting with a year ending in December of any given year.
8. The accrual method of accounting is also known as accrual accounting or accrual basis accounting.
9. Content and method of accounting teaching urgently demand the reform.
10. Accrual method of accounting is used widely and hence, we should be aware of its rules and principles.
11. As for investment standard, the equity method of accounting for a long term investment in stock is very complex, so that accounting practices of this method have many difficulties.
12. In contrast, under the perpetual inventory method of accounting for merchandise inventory and the cost of merchandise sold.
13. A method of accounting for uncollectible accounts in which an estimate is made of the amount of sales on account for which payment will not be received.
14. The cash method of accounting is a well known and widely used technique which has some advantages and disadvantages.
15. The government of the day used an ancient method of accounting to track taxes owed.
16. In the cash method of accounting, income is not counted unless the company receives cash/check payment for the goods sold.
17. Let us now understand the cash vs accrual method of accounting comparison with the help of a suitable example.
18. In the accrual method of accounting, income is reported in the period it is earned.
19. The company follows the full cost method of accounting for oil and gas exploration expenditures, wherein all costs related to the exploration of oil and natural gas properties are capitalized.
20. The cash method of accounting for tax purposes is the most simplest to understand.
21. There are many methods of accounting, such as cash method of accounting, cost method of accounting, accrual method of accounting.
22. Now, if the company makes prompt or instant cash payment for the air-conditioners, then the cash method of accounting will consider it as a 'sale made' and enter the details into its books.
23. There are two very important rules about income and expenses in this method of accounting.http://Sentencedict.com
24. Liabilities are legal debts are planned or estimated using a method of accounting called accrual accounting.
25. This method of determining the cost of merchandise sold and the amount of merchandise on hand is called the periodic method of accounting for merchandise inventory.
26. With each revision to IAS 22, the criteria for applying the pooling method of accounting for a business combination have become more specific.
27. Returning to a rational way of thinking, the methods in this regard should be traditionally and gradually transformed into a method of accounting system.
28. There is always a debate on who should use the accrual method of accounting.
29. In this article, I shall present to you the accrual method of accounting, its rules and procedures which will help you to understand this concept better.
30. With cash control, there is no use of the accrual method of accounting.
More similar words: accounting, accrual accounting, tax accounting, unit of account, cost accounting, accounting income, accounting year, accounting data, accounting firm, accounting cost, accounting books, accounting cycle, accounting period, accrual basis accounting, chart of accounts, accounting system, accounting policy, accounting record, public accounting, accounting concept, accounting records, accounting program, accounting manager, accounting standard, accounting equation, accounting procedure, accounting division, accounting principle, statement of account, accounting statement.