Pop music often borrows elements from other styles such as urban, dance, rock, Latin, and country; nevertheless, there are many key elements that define pop music. Identifying factors usually include short to medium-length songs written in a basic fo…
The Probationary officer salary has got a swift hike after the 10th bipartite settlement, acknowledged by the banking sector. The resultant salary has been as high as whopping Rs. 8 lakh per year for SBI PO. Those of other public sector banks have jo…
In general, the more cost pools used, the more accurate the allocation process. A single overhead rate for assigning all of the manufacturing production and service department costs to products….
On a business’s balance sheet, capital assets are represented by the property, plant, and equipment (PP&E) figure. Property, plant, and equipment (PP&E) are long-term assets vital to business operations and not easily converted into cash. Pur…
Straight line basis is a method of calculating depreciation and amortization. Also known as straight line depreciation, it is the simplest way to work out the loss of value of an asset over time. Straight line basis is calculated by dividing the diff…
By performing a physical inventory count a business can keep its information accurate and current. How often should a company go through the warehouse and track their products and supplies? Inventory controlling helps revenue and expenses be recogniz…
How often should a company go through the warehouse and track their products and supplies? Physical inventory is an actual count of the goods in stock. This can involve counting, weighing, and otherwise measuring items, as well as asking third partie…
The chapter closes with suggestions for future research on the nonprofit performing arts. For example, companies must strictly adhere to the Internal Revenue Service’s (IRS) Tax rule 409A statute. This rule limits a company’s options in instituting d…
A petty cash voucher is usually a small form that is used to document a disbursement (payment) from a petty cash fund. Petty cash vouchers are also referred to as petty cash receipts and can be purchased from office supply stores….
The cashier creates a journal entry to record the petty cash receipts. This is a credit to the petty cash account, and probably debits to several different expense accounts, such as the office supplies account (depending upon what was purchased with …
![Plant Assets [Definition + Examples]](https://www.business-accounting.net/wp-content/uploads/2021/07/image-Vdfa4vhGtYDXwrUg.png)
