FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Explain subsequent event and why these are important? Explain with the help of example

Explain subsequent event and why these are important? Explain with the help of example

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Subsequent events refer to events or transactions that occur after the balance sheet date but before the financial statements are issued or available to be issued These events can have a significant i... blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managing Human Resources
Managing Human Resources

Authors: James Stewart, Scott A Snell, George Bohlander

16th Edition

1133707394, 9781133707394

More Books

Students explore these related Finance questions

Question

Explain audit reporting and why these are important? Explain with the help of example

Answered: 3 weeks ago

Question

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Answered: 3 weeks ago

Question

Case Study: Quick Fix Dental Practice Technology requirements Application must be built using Visual Studio 2019 or Visual Studio 2017, professional or enterprise. The community edition is not...

Answered: 3 weeks ago

Question

The pilot of a small boat charts a course such that the boat will always be equidistant from an upcoming rock and the shoreline. Describe the path of the boat. If the rock is 2 miles offshore, write...

Answered: 3 weeks ago

Question

What is meant by a policy channel?

Answered: 3 weeks ago

Question

What information is needed to measure the relative profitability of a product?

Answered: 3 weeks ago

Question

describe models that indicate how these errors can lead to accidents;

Answered: 3 weeks ago

Question

King County, Washington, hired Frank Coluccio Construction Co. (FCCC) to act as general contractor for a public works project involving the construction of a small utility tunnel under the Duwamish...

Answered: 3 weeks ago

Question

In class we presented few innovation portfolio frameworks that successful companies are using provide here the name and short description of categories for each of the frameworks.

Answered: 3 weeks ago

Question

A petfood company wants to prioritize in its most popular petfood products and get rid of some "slow moving products" to increase its production line utilization. 12 months data was collected for...

Answered: 3 weeks ago

Question

recision Aviation had a profit margin of 8.00%, a total assets turnover of 1.5, and an equity multiplier of 1.8. What was the firm's ROE?

Answered: 3 weeks ago

Question

3. Which among the following is popularly called Hypo? [A] Silver bromide [B] Silver nitrate [C] Sodium thiosulphate [D] Sodium phosphate

Answered: 3 weeks ago

Question

1. Daltons name is associated with which of the following terms? [A] Electron [B] Proton [C] Atom [D] Neutron

Answered: 3 weeks ago

Question

Define Administration?

Answered: 3 weeks ago

Question

Define Decision making

Answered: 3 weeks ago

Question

What are the major social responsibilities of business managers ?

Answered: 3 weeks ago

Question

You are the Talent Acquisition (Recruitment) department for Mountain Bike Haven, a sporting good store that specializes in Mountain Bikes. The head office and Warehouse is in Toronto, with stores and...

Answered: 3 weeks ago

Question

Four GWU students have been selected to taste food sold by 3 different food trucks labeled as food truck A, B and C on H & 22nd Streets every Monday for 3-weeks. For each student, food trucks are...

Answered: 3 weeks ago

Question

More than 3,000 people work for the Zoological Society of San Diego, a nonprofit organization that operates the San Diego Zoo, the San Diego Zoos Wild Animal Park, and San Diego Zoos Institute for...

Answered: 3 weeks ago

Question

To live a healthier life, medical professionals say we need to identify those things we currently do that either impair or contribute to our health. Prepare a list of those activities you do that are...

Answered: 3 weeks ago

Question

a. What are some of the actions being taken by unions to cope with the contemporary challenges they face? b. How can companies respond to the labor changes that result from increased technology and...

Answered: 3 weeks ago

Question

What is meant by the term lead time service leave Generally speaking, how is lead time service level related to the amount of safety' stock held?

Answered: 3 weeks ago

Question

What are some ways that a company can reduce its needs for inventories?

Answered: 3 weeks ago

Question

Question What are the advantages and disadvantages of opening up a Louisville warehouse/distribution centre versus shipping via courier from Halifax (within 20 km of Bedford)? In the late 1990s,...

Answered: 3 weeks ago

Previous Question Next Question