by Admin | May 16, 2020 | Accounting
A major decision facing every auditor is determining appropriate types and amounts of evidence to accumulate to be satisfied that the components of the client’s financial statements and the overall statements are fairly stated. This judgment is important because of...
by Admin | May 14, 2020 | Accounting
Kabura Industries a Company based in Sohar manufactures doors and windows. It has one operating site and a customer base spread across GCC. The company’s yearend was 31st December 2016.Below is the description of the purchasing system. Purchasing system (Purchasing...
by Dan | Nov 7, 2019 | Accounting
The December 31, 2019 statement of financial position of Ocean Breezes Limited reported Accounts Receivable of $450,000 and the Allowance for Doubtful Accounts of $45,000. During 2020, the following transactions occurred: 1.service revenue billed on account,...
by Dan | May 14, 2019 | Accounting
Your college roommate approaches you 6 months from now in need of accounting advice. The roommate inherited a rental building from a dear uncle with a FMV of $2,000,000. The details about the building are as follows: Gross rent – $100,000 Depreciation –...
by Dan | Mar 17, 2019 | Accounting
BOOK:Substance, Style, Strategy by Lee A. Jacobus Biographical Essay Prompt: (750-1000 Words) First, brainstorm the following prompt. Develop several ideas for the prompt, as the more options you have the better your ultimate choice will be. Remember that topic...
