⟩ Explain me fair value accounting?
As per fair value accounting, a company has to show the value of all of its assets in terms of price on balance sheet on which that asset can be sold.
Question and Answer:
Home Management Accountant
- Share
Popular Answers:
* There is no answer to the above question yet.
More Questions for you:
Explain some of the accrued expenses and the accounts in which you would record them?
Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?
Tell me what is the difference between accumulated depreciation and depreciation expense?
Do you know what Qualities and Skills Make An Account Manager Successful?
Tell me why did you select accounting as your profession?
Tell me the meaning of long-term notes payable is or long term liabilities?
Explain in simple terms what is the difference between Asset, equity, and liabilities?
Tell me the types of accounts involved in double entry book-keeping?
What are fictitious assets?
Tell me how you can adjust entries into account?
