QS Study
  • Home
  • Subjects
  • Topics
QS Study

Learn and Study

Topics: Accounts

What is the Allowance for Doubtful Accounts?

What is the Allowance for Doubtful Accounts?

Subject: Accounting
The allowance for doubtful accounts is a reduction of the total amount of accounts receivable appearing on a company’s balance sheet. The allowance for doubtful accounts represents management’s best estimate of the amount of accounts…
What is an Accrued Receivable?

What is an Accrued Receivable?

Subject: Accounting
An accrued receivable is either a trade receivable or a non trade receivable for which a business has earned revenue, but for which it has not yet issued an invoice to the customer.   You…
What is Gross Accounts Receivable?

What is Gross Accounts Receivable?

Subject: Accounting
Gross accounts receivable is the amount of sales that a business has made on credit, and for which no payment has yet been received. The gross receivable figure is useful for estimating the amount of…
How do you Collect Past Due Invoice?

How do you Collect Past Due Invoice?

Subject: Accounting
A past due invoice is a billing that has not been paid as of its due date. If a business extends credit to its customers, it is likely to experience situations where it must collect…
What is Equity Accounts?

What is Equity Accounts?

Subject: Accounting
Equity accounts are the financial representation of the ownership of a business. Equity can come from payments to a business by its owners, or from the residual earnings generated by a business. Because of the…
What is Manufacturing Cost Accounting?

What is Manufacturing Cost Accounting?

Subject: Accounting
Manufacturing cost accounting encompasses several tasks that impact production operations and the valuation of inventory. These activities can significantly boost the profits of a business, as well as bring it into compliance with the applicable…
What is Accounting for Accounts Payable?

What is Accounting for Accounts Payable?

Subject: Accounting
The accounting for accounts payable involves the recordation and payment of liabilities. This is the primary functional area through which a business records expenses and pays other parties. The key accounts payable accounting tasks are…
What is Accounts Payable Ratios?

What is Accounts Payable Ratios?

Subject: Accounting
Accounts payable ratios are designed to measure the operational efficiency of a payables department, as well as its ability to pay suppliers in a timely manner. The operational efficiency ratios are monitored internally as a…
What is Chart of Accounts Numbering?

What is Chart of Accounts Numbering?

Subject: Accounting
The first type of numbering to determine for a chart of accounts involves their structure. This is the layout of an account number, and involves the following components: Division code – This is typically a…
What is the Difference between Accounts Receivable and Accounts Payable?

What is the Difference between Accounts Receivable and Accounts Payable?

Subject: Accounting
Accounts receivable are the amounts owed to a company by its customers, while accounts payable are the amounts that a company owes to its suppliers. The amounts of accounts receivable and payable are routinely compared…

More Study

  • The Pandemic Shutdown Reveals Just How Much Air Pollution Affects Solar Panels
  • Distinguish between Motivation and Achievement Motivation
  • Define and Dexcribe on Vacuoles
  • Elements or contents of a solid Business Plan
  • Motion of a Simple Pendulum is Simple Harmonic Motion (SLIM)
  • Hofmann’s Method in Density of Gases
  • Communication Method for Successful Manager
  • Arrangement of Contents in Letter Report
  • Pluralistic Society
  • Separation of Noble Gases in Dewar’s Method

Subject

  • Accounting
  • Astronomy
  • Biology
  • Business Statistics
  • Business Studies
  • Chemistry
  • Economics
  • Environmental Science
  • Finance
  • Geology
  • Health
  • Law
  • Letter
  • Literature
  • Marketing
  • Mathematics
  • Modern Civilization
  • Organizational Behavior
  • Philosophy
  • Physics
  • Social Science
  • Technology
About Us | Disclaimer | Privacy Policy | Contact Us

© copyright 2021 QS Study. All rights reserved.