What is the difference between parent and subsidiary company?
In the corporate world, a subsidiary is a company that belongs to another company, which is usually referred to as the parent company or the holding compa...
Category: General
Is it necessary to regulate banks?
The most important rationale for regulation in banking is to address concerns over the safety and stability of financial institutions, the financial secto...
How much is a ton of gold worth 2020?
The 1 ton of Gold is worth $64.3 Million dollars at $2000/oz. How much is 8000 tons of gold? If the dollar began crashing tomorrow, Obama could go on TV a...
How do I start my own car parts business?
Automobile Spare Parts Retail Store The most profitable and traditional way of starting this business is to open a retail store. Here we should find a ret...
How do you account for a sinking fund?
Business Accounting of Sinking Funds A sinking fund is typically listed as a noncurrent asset—or long-term asset—on a company’s balance sheet and is often...
Does inventory appear on cash flow statement?
An increase in inventory stock will appear as a negative amount in the cashflow statement, indicating a cash outlay, or that a business has purchased more...
What kind of asset is a shed?
A garden shed may be a depreciable asset as defined by the Internal Revenue Service. Depreciation is a business expense deductible on your income taxes. A...
What is a goodwill accounting entry?
Goodwill is an adjusting entry on the balance sheet to help explain why the cash spent to acquire a company is greater than the assets received in return....
When should cash be recorded?
Cash receipts should be recorded with the date the money was received. For example, a church collects money during each of its services on Sunday, June 4....
Which accounts go on a balance sheet?
Typical line items included in the balance sheet (by general category) are: Assets: Cash, marketable securities, prepaid expenses, accounts receivable, in...
