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FinAct

Monday, October 22, 2007. The primary objective of depreciation is to match expense to revenue. Depreciation is distribution of total cost of an asset over its useful life. 8226; Is held by an enterprise for use in the production or supply of goods and services. 8226; Is not meant for sale in ordinary course of business. 8226; Is expected to be used during more than one accounting period. 8226; Has limited useful life. Residual value is the value realized at the end of useful life of machinery. Change is...

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FinAct | finact.blogspot.com Reviews

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Monday, October 22, 2007. The primary objective of depreciation is to match expense to revenue. Depreciation is distribution of total cost of an asset over its useful life. 8226; Is held by an enterprise for use in the production or supply of goods and services. 8226; Is not meant for sale in ordinary course of business. 8226; Is expected to be used during more than one accounting period. 8226; Has limited useful life. Residual value is the value realized at the end of useful life of machinery. Change is...

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FinAct | finact.blogspot.com Reviews

https://finact.blogspot.com

Monday, October 22, 2007. The primary objective of depreciation is to match expense to revenue. Depreciation is distribution of total cost of an asset over its useful life. 8226; Is held by an enterprise for use in the production or supply of goods and services. 8226; Is not meant for sale in ordinary course of business. 8226; Is expected to be used during more than one accounting period. 8226; Has limited useful life. Residual value is the value realized at the end of useful life of machinery. Change is...

INTERNAL PAGES

finact.blogspot.com

1

FinAct: September 2007

http://finact.blogspot.com/2007_09_01_archive.html

Sunday, September 30, 2007. P&L,Balance Sheet and Trial balance - Period 2. Saturday, September 29, 2007. P&L,Balance Sheet and Trial balance - Period 1. Points - for resolving the assignment. Please go to this link to find out which account goes where. Please note that closing stock is not written in trial balance. See the answer below from WikiAnswers. Question: Why is closing stock not written in the trial balance but always written below the trial balance? Closing stock in trial balance.

2

FinAct: Quiz 1 - Sample questions

http://finact.blogspot.com/2007/08/quiz-1-sample-questions.html

Thursday, August 30, 2007. Quiz 1 - Sample questions. What is the language of business. Accounting is a . Ans : Information system. What is the end function of accounting. What is asset, liability, equity. Asset - Assets are resources controlled by an organization from which future economic benefits will flow. Liability - Liabilities are present obligation because of past events. Equity - It is the owner's residual interest in the assets of an enterprise after deducting all its liabilities. What are the ...

3

FinAct: August 2007

http://finact.blogspot.com/2007_08_01_archive.html

Thursday, August 30, 2007. Quiz 1 - Sample questions. What is the language of business. Accounting is a . Ans : Information system. What is the end function of accounting. What is asset, liability, equity. Asset - Assets are resources controlled by an organization from which future economic benefits will flow. Liability - Liabilities are present obligation because of past events. Equity - It is the owner's residual interest in the assets of an enterprise after deducting all its liabilities. What are the ...

4

FinAct: October 2007

http://finact.blogspot.com/2007_10_01_archive.html

Monday, October 22, 2007. The primary objective of depreciation is to match expense to revenue. Depreciation is distribution of total cost of an asset over its useful life. 8226; Is held by an enterprise for use in the production or supply of goods and services. 8226; Is not meant for sale in ordinary course of business. 8226; Is expected to be used during more than one accounting period. 8226; Has limited useful life. Residual value is the value realized at the end of useful life of machinery. Change is...

5

FinAct: P&L,Balance Sheet and Trial balance - Period 2

http://finact.blogspot.com/2007/09/p-sheet-and-trial-balance-period-2.html

Sunday, September 30, 2007. P&L,Balance Sheet and Trial balance - Period 2. Subscribe to: Post Comments (Atom). P&L,Balance Sheet and Trial balance - Period 2. P&L,Balance Sheet and Trial balance - Period 1. Points - for resolving the assignment. View my complete profile.

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menomics.blogspot.com

ECONOMICS: November 2007

http://menomics.blogspot.com/2007_11_01_archive.html

Theory of Cost and Theory of Firm. Wednesday, November 28, 2007. A firm is a monopoly if. It is the sole seller of its product. Its product does not have close substitute. The market has barriers of entry. Three sources of bariers of entry. A single firm owns a key resource. The govt gives a single firm the exclusive right to produce the good. Costs of production make a single producer more efficient than a large number of producers. Sunday, November 25, 2007. Theory of Cost and Theory of Firm. Competiti...

menomics.blogspot.com

ECONOMICS: September 2007

http://menomics.blogspot.com/2007_09_01_archive.html

Economics - Quiz1 Prep. Saturday, September 15, 2007. Assignment 5 – Principles of Economics. If the price ceiling is above the equilibrium price, the price ceiling is not binding. Market forces will naturally move the economy to the equilibrium and there will be no effect on price or quantity sold as a result of the price ceiling. The producers benefit from this policy because they will produce the Qs quantity and can sell that to government at the floor price to increase their total revenue. The co...

menomics.blogspot.com

ECONOMICS: Session 7

http://menomics.blogspot.com/2007/10/session-7.html

Monday, October 15, 2007. 8721;(Xi-X)(Yi- Y ). B(HAT)*- - - - - -. Coefficient of determination = ESS/TSS= ∑(Y(HAT)-Y(BAR). 1 X and Y are substitutes. 2 X and Y are complements. 3 X is a luxury good. 4 X is a inferior good. Here cross price elasticity = -0.8, Since it is negative it means if Price of Y decreases, quantity demanded of X increases. Hence they are complements. In the multiplicative model, elasticity is constant. Subscribe to: Post Comments (Atom). View my opinions and please comment @ Mopine.

menomics.blogspot.com

ECONOMICS: October 2007

http://menomics.blogspot.com/2007_10_01_archive.html

Monday, October 15, 2007. 8721;(Xi-X)(Yi- Y ). B(HAT)*- - - - - -. Coefficient of determination = ESS/TSS= ∑(Y(HAT)-Y(BAR). 1 X and Y are substitutes. 2 X and Y are complements. 3 X is a luxury good. 4 X is a inferior good. Here cross price elasticity = -0.8, Since it is negative it means if Price of Y decreases, quantity demanded of X increases. Hence they are complements. In the multiplicative model, elasticity is constant. Subscribe to: Posts (Atom). Access marketing Quiz prep @ Marketing Quiz 2.

menomics.blogspot.com

ECONOMICS: Theory of Cost and Theory of Firm

http://menomics.blogspot.com/2007/11/theory-of-cost-and-theory-of-firm.html

Theory of Cost and Theory of Firm. Sunday, November 25, 2007. Theory of Cost and Theory of Firm. Fixed costs are those which do not vary with the quantity of output produced. Variable costs are those which vary with the quantity of output produced. For any firm Average revenue is the demand curve. How? AR = TR/Q = PXQ/Q = P(which is nothing but the demand curve). Practice the various cost curves(ATC,AVC,AFC,MC). Marginal cost average total cost, average total cost is rising. See the explanantion below.

menomics.blogspot.com

ECONOMICS: Theory of production

http://menomics.blogspot.com/2007/11/theory-of-production.html

Theory of Cost and Theory of Firm. Tuesday, November 20, 2007. Opportunity cost is of two types. Explicit -incurred due to factors of production, requires outlay of money. Implicit - Does not require outlay of money. An important implicit cost is the cost of capital. Accounting profit = Revenue - explicit cost. Economic profit = Revenue - (Explicit Implicit cost). Accounting profit Economic profit. Sunk costs are costs. Production function is the correspondence between input and output. 1 − α. The produc...

menomics.blogspot.com

ECONOMICS: August 2007

http://menomics.blogspot.com/2007_08_01_archive.html

Economics - Session 4. Economics - Session 2. Saturday, August 25, 2007. 1 Explain each of the following statements using supply-and-demand diagrams. A) "When a cold snap hits florida,the price of orange juice rises in supermarkets throughout the country.". B) "When the weather turns warm in New England every summer,the price of hotel rooms in Caribbean resorts plummets.". C) "When a war breaks out in the Middle East,the price of gasoline rises,and the price of a used Cadillac falls.". 2 The supply curve...

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finact.blogspot.com

FinAct

Monday, October 22, 2007. The primary objective of depreciation is to match expense to revenue. Depreciation is distribution of total cost of an asset over its useful life. 8226; Is held by an enterprise for use in the production or supply of goods and services. 8226; Is not meant for sale in ordinary course of business. 8226; Is expected to be used during more than one accounting period. 8226; Has limited useful life. Residual value is the value realized at the end of useful life of machinery. Change is...

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Notre site est en construction. Geneviève Huez Finacth sprl 16 Galerie des Halles - 1348 Louvain-La-Neuve Tél : 010/45.20.65. Email : info@finacth.be. FSMA 24207A MAE 130117.