Discuss the concept of economic duality as used in REA. How does this relate to double entry
Question:
Discuss the concept of economic duality as used in REA. How does this relate to double entry accounting?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
The value of the enterprise resources can be increased or decreased in two ways by exchange resource...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Accounting Information Systems The Crossroads of Accounting & IT
ISBN: 978-0132991322
2nd Edition
Authors: Donna Kay, Ali Ovlia
Question Posted:
Students also viewed these Accounting questions
-
Discuss the concept of time-style. Based on your own experiences, how might consumers we segment consumers in terms of their time-styles?
-
Discuss the concept of discharge as used in bankruptcy law. What types of debts are not dischargeable? Explain.
-
Discuss the concept of "visual pathways" and its potential use within a medical practice.
-
Pristine Thread Co. encountered a fire on March 12 where some of the inventory was destroyed. A physical count of inventory after the fire shows $56,000 still on hand. The company also had beginning...
-
A bank currently has $100 million checkable deposits, $4 million in reserves, and $8 million in securities. If the required reserve ratio is 10 percent, is the bank meeting its legal reserve...
-
The following ANOVA table is based on the data discussed in Problem 5 of Chapter 8. Use α = .05. a. Provide a test to compare the following two models: Y = β0 +...
-
Consider the simple linear regression model fit to the rental price data from Problem 2.36. Data From Problem 2.36 Table B.24 contains data on median family home rental price and other data for 51 US...
-
Consider the data in Figure for Daisys Dance Studio: Adjustment Data a. Insurance expired, $100. b. Dance supplies on hand, $1,100. c. Depreciation on dance equipment, $2,000. d. Salaries earned by...
-
Consider the $1.90 per person per day as the relevant international poverty line and define an appropriate weekly poverty line. Compute the poverty severity index for this population of households....
-
Ava maintains a full set of books of prime entry. a. State one advantage of maintaining purchases and sales journals. b. Complete the following table to name the business documents which Ava will use...
-
Discuss database anomalies and the three categories used to classify anomalies. Which anomaly is caused by data duplication?
-
Match the following terms and definitions. a. fields b. records c. tables d. database e. objects f. events ___ 1. Collection of related tables ___ 2. Collection of related fields ___ 3. Collection of...
-
p = 0.1, n = 25. Why is the coefficient of variation larger than Exercise 7? Compute the coefficient of variation of the binomial distribution in the above case.
-
How does periodic inventory work? If you don't keep track of units when you use them, how do you figure out how much you consumed?
-
What is meant by favorable and unfavorable variances?
-
Why is a variance analysis performed?
-
Does flexible budget variance analysis explain the cause of variances observed?
-
What is the essence of flexible budget variance analysis?
-
What are five characteristics goodwill messages should have?
-
The figure shows six containers, each of which is filled from the top. Assume that water is poured into the containers at a constant rate and each container is filled in 10 seconds. Assume also that...
-
The break-even price of crude oil includes production costs, exploring or finding costs, oil well development costs, transportation costs, and selling and general administration expenses. A survey...
-
A new company will have no business processes in place. How would the owner go about selecting an appropriate AIS for the new company? Should the owner consider acquiring an ERP package immediately?
-
Find an article about a company that has adopted a business application suite. Identify the company and its basic characteristics (such as location, products, number of employees). What are some cost...
-
Although you are likely to purchase a middle-end accounting software package from a value-added reseller (VAR), why should you be cautious about hiring one to recommend a software package for your...
-
Show that for the linear regression model Y = XTB + , the leave-one-out cross validation identity: where H = n (Yi - (-i)) n Yi - i=1 i 2 Hii 2 " X(XX)-XT is the hat matrix and H; is the ith diagonal...
-
DQ: Chapter 3 talks about GDP. If California was a separate country, it would rank as the 5th largest economy after the US, Japan, China, and Germany. Explain what GDP is and how is it different than...
-
then A-1 = Given b= A -13-11 -5 14 -47 1 -3 10 solve Axb using A-.
Study smarter with the SolutionInn App