here is a question as follows.
Q) an item of plant costing Rs. 20,000 having book value of Rs. 14000 was sold for Rs. 18000 during the year.
GIVEN:-provision for depreciation on plant
opening:-30000
closing:35000
depreciation on plant during the year found is 11000.
My question is if depreciation of 6000 is already charged from the plant during the year than what is 11000 the depreciation that is charged during the year., more 

My husband and i have been in texas for about 5 months now. I found a jod in a daycare and i know both english and spanish. Now he on the other hand does not know english but he does have much experience in many things such as construction, machinery ect many other things. The only little english he knows hes learned with my daughter who is 3 years old. Its hard being the only one working having to pay the bill but at least he helps me by watching her so that i dont have to pay for day care or depend on the state to pay for it. Does any body have any ideas on what he could do to get some cash flowing in?, more 

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I’m 18, going on 19, and I was wondering this today:
What are my options considering employment? I’m currently in college for Accounting, and I really want to get some type of job in the field so that I can keep fresh on it and have working experience since this semester is almost over and it’s a longggg time until next semester. I feel it would help me more to actually be out in the field doing it on a daily basis as opposed to just reading the book every once in awhile.
So far, I have taken 2 Accounting courses. We have covered 14 chapters & when I’m done this semester it will be 17. What we have covered in these chapters is:
Chapter 1 - Accounting in Business
Chapter 2 - Analzying and Recording Transactions
Chapter 3 - Adjusting Accounts & Preparing Financial Statements
Chapter 4 - Completing the Accounting Cycle
Chapter 5 - Accounting for Merchandising Operations
Chapter 6 - Inventories & Cost of Sales
Chapter 7 - Accounting Information Systems
Chapter 8 - Cash & Internal Controls
Chapter 9 - Accounting for Receivables
Chapter 10 - Plant Assets, Natural Resources, and Intangibles
Chapter 11 - Current Liabilities and Payroll Accounting
Chapter 12 - Accounting for Partnerships
Chapter 13 - Accounting for Corporations
Chapter 14 - Long-Term Liabilities (mostly bonds)
Chapter 15 - Investments & International Operations
Chapter 16 - Reporting the Statement of Cash Flows
Chapter 17 - Analysis of Financial Statements
The website for the book is [url]www.mhhe.com/wildFAP18e[/url]
So, based on what I’ve learned so far, what do you think my chances are of getting SOMETHING in the field under a private accountant or something? Are there any chances? What could I do? I just really want to do the work so I have hands on experience instead of just classroom experience.
What are your suggestions?, more 

I have a script, a production team, a technical team, and all the ambition in the world. What I need now is some cash flow, are there any production companies out there looking to invest in amateur film makers? Does PBS fund amateurs?, more 

Which of the following would be an external user of accounting information?
a. chief executive officer
b. vice president of finance
c. bank loan officer
d. chief financial officer
2. What is the characteristic that allows financial statement users to compare information over time?
a. reliability
b. relevance
c. consistency
d. comparability
3. Auditors are responsible for
a. preparing a company’s financial statements in accordance with GAAP
b. preparing a company’s earnings forecast in accordance with GAAP
c. determining whether a company prepared its financial statements in accordance with GAAP
d. determining whether their clients prepared their financial statements accurately
4. Companies acquire and sell property and equipment as a result of which business activity?
a. financing
b. investing
c. operating
d. auditing
5. Ace Co. has total assets in the amount of $3,000,000 and total liabilities in the amount of $2,000,000. It sold stock to new shareholders for cash of $1,000,000. As a result of this transaction:
a. the debt to assets ratio will increase
b. the assets turnover ratio will increase
c. the debt to assets ratio will decrease
d. the net profit margin ratio will decrease
6. The following information is available for Aztech:
Total assets $800,000
Net Income 120,000
Average total liabilities 400,000
Sales revenue 1,500,000
Total liabilities 500,000
Average total assets 700,000
The net profit margin ratio is
a. 8%
b. 12.5%
c. 15%
d. 17.1%
7. North Co. understated its expenses for the year. As a result
a. its debt to assets ratio will be understated
b. its net profit margin ratio will be understated
c. its debt to assets ratio will be overstated
d. its net profit margin ratio will be overstated
8. Which of the following results in an expense for a company?
a. purchase of land
b. payment of advertising for last month
c. payment of a dividend
d. purchase of supplies
9. Which of the situations results in unearned revenue?
a. collection of $100 from a customer who charged the purchase of goods a month ago
b. the receipt of an order from a customer who will purchase and pay for goods in two weeks
c. the sale of $100 of goods today with the payment due from the customer in 30 days
d. the receipt of $100 cash from a customer for an order of goods to be shipped next month
10. Which of the following is a stockholders’ equity item?
a. contributed capital
b. cash
c. accounts receivable
d. accounts payable
11. Which of the following items will reduce stockholders’ equity?
a. the purchase of equipment
b. the purchase of supplies
c. receiving a loan
d. the payment of salaries
12. If a company does not receive cash until after it delivers goods
a. it must wait to receive cash until it can record revenue
b. it must record unearned revenue at the time it delivers goods
c. it must record revenue at the time it delivers the goods
d. it must increase the amount of accounts receivable at the time it gets paid by its customer
13. Dividends paid to stockholders
a. are a reduction to retained earnings
b. appear in the cash flow from operations section of the statement of cash flows
c. appear on the income statement
d. are subtracted from contributed capital
14. Net income is
a. assets minus liabilities
b. revenues minus expenses
c. contributed capital minus dividends
d. stockholders’ equity minus liabilities
15. Which of the following statements is prepared as of a point in time?
a. income statement
b. statement of retained earnings
c. balance sheet
d. statement of cash flows
16. The Hamlet Corp has assets of $20,000, and stockholders’ equity of $12,000. The amount of liabilities is
a. $8,000
b. 12,000
c. 20,000
d. 32,000
17. Which of the following would appear in the cash flow from operations section of the statement of cash flows
a. cash paid to suppliers and employees
b. cash paid to purchase equipment
c. cash paid on notes payable
d. cash paid, more 

I live in Maryland, and I have been with PFS for about a year and a half now. In this area, the company has an awful reputation of being a non-stop recruiting machine that churns through the unsuspecting while not writing enough business to support the average agent.
In our organization (as far up as I can see), only 2 people are really living the life. After that, VPs have an office overhead to pay for as well as their own health care benefits (which significantly reduces the value of their gross cash flow), and the agents gather together and jump around like crack addicts, pretending that everything is better than it really is.
I realize this question will get a lot of people together to say “InsurancePyramidCultScam”, and it will also get about as many to defend the opportunity. If anyone can describe a model where business is written and clients are served, and where incoming agents can expect to be paid for their efforts, please step up and identify the VP and baseshop who I can contact.
Also, I am about 2 seconds from taking my licenses to another more sensible provider (Edward Jones, MetLife, etc. etc. etc.). I am open to suggestions in that area too., more 

i’m 20, i’m trying to get into real estate, but i have no money for it. My brothers in the canadain army infantry, he tells me i should join, but i won’t be there to serve my country ( to be honest, who wants to serve there country truly? ) i do care about ppl, but i’m just doing it for the real estate invest money. I mean its a steady cheque, you ride missles ( just kidding ), you get a place to live and stuff. i mean right now i’m working as a TA ( teachers assintent ), i work only 3 hours a day 5 days a week, i’m really having a hard time finacially, i must make more money if i plan on becoming a landlord!, more 

For a start-up, should investor profit share amounts go on the income statement or cash flow? Thanks., more 

If you sell a PPE asset and in return get cash and another PPE asset, how is that reflected on the Income Statement and Statement of Cash Flows?
for example
My PPE asset book value that I’m disposing = $1
In return I get another asset worth $32 and also $100 cash.
On the income statement, is my
“Gain on sale of disposed assets” = $99 (cash - book value) or $131
On the statement of cash flows
Is the operating activities decreased by $99 or $131
Is investing activities increased by $99 or $131
or neither
big thanks, more