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Feds commit $50 million to for-profit nuclear fusion companies, chasing 'holy grail' of clean energy The $50 million is help companies prepare detailed plans, but it is not enough money to fund the full construction of fusion power plants. September 27, 2022 at 12:44AM
The $50 million is help companies prepare detailed plans, but it is not enough money to fund the full construction of fusion power plants. ...
(11)-SOURCE DOCUMENTS AND THE BOOKS OF PRIME ENTRY
Source Documents and the Books of Prime Entry Source Documents Whenever a business transaction take place, involving sales or purchases, r...
Basic Aspects of Cost Accounting
Why organizations use costing systems An organisation’s costing system is the foundation of the internal financial information system for ma...
(217)-PURCHASE OF A BUSINESS BY A LIMITED COMPANY
Purchase of a Business by a Limited Company Several advantages may stem from the “conversion” of a private business into a limited company ...
(24)-PROVISIONS FOR DOUBTFUL DEBTS
Provisions For Doubtful Debts When bad debts are written off, specific owed to the business are identified as unlikely ever to be collected...
(9)-FINANCIAL STATEMENTS - THE TRADING PROFIT AND LOSS ACCOUNT
The Trading Profit and Loss Account The trading profit and loss account is a statement showing in detail how the profit or loss of a period...
(141)-PARTICIPATING INTEREST
Participating Interest Financial reporting standards (FRS) states that a participating interest is an interest is an interest held by an un...
(66)-THE SEPARATE VALUATION PRINCIPLE
The Separate Valuation Principle The separate valuation concept states that, in determining the amount to be attributed to an asset or liab...
(20)-NEED OF ACCOUNTING INFORMATION (EXTERNAL PARTIES)
Need of Accounting Information (External parties) We can identify external parties as below, Trade contacts. Providers of finance to the co...
(232)-REPORTING FINANCIAL PERFORMANCE
Reporting Financial Performance The main abuse of SSAP related to the treatment of extraordinary items, particularly redundancy, reorganizat...
Introduction to accounting, Basic principals of accounting, Bookkeeping principles, Ledger accounts, Bank reconciliation, Financial statements, Incomplete records, Partnership accounts, Accounting for limited companies, Cash flow statements, Consolidated accounts.
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