Advertisement

Financial Accounting Questions and Answers (Q&A)

M. Kennedy, Web Content Writer
Answered: Feb 20, 2019
Operating expenses is also known as operating expenditure, operational expenditure or operational expense. These expenses are expenditures that a business incurs to engage in activities ass...Read More

2 Answers

771 views
H. callum, Content Writer
Answered: Feb 07, 2019
The purpose of a remittance advice is to match a customer's payment with the invoice. Remittance advice is a letter sent by a customer to a supplier to inform the supplier that their invoice has...Read More

2 Answers

760 views
Zsinmakkah
Answered: Jul 26, 2021
Historical Value

1 Answer

566 views
Tayhampton
Answered: Jul 26, 2021
Amounts earned from providing goods and services to a customer

1 Answer

392 views
John Smith
Answered: Jul 26, 2021
Debit Fixed Asset Disposal and Credit Fixed Asset Cost

1 Answer

351 views
John Adney
Answered: Sep 02, 2017

Amount of depreciation is constant in straight line method and not decreases every year.

2 Answers

303 views
Chris Evins, College Student
Answered: Sep 30, 2019
Posted balance is the amount of balance you see in your bank account and is physically available for use. It is calculated as the outcome of a transaction which was executed in the...Read More

2 Answers

254 views
Rayvat Accounting, Accounting Firm
Answered: Oct 29, 2020
Bookkeeping is the initiative within the accounting process and arguably the foremost important one. A bookkeeper will compile all financial data - from transactions to wages - and switch them...Read More

1 Answer

19 views
Advertisement
Advertisement
Loading, please wait...

Email Sent
We have sent an email to your address "" with instructions to reset your password.