Why do external costs cause market failure?
An externality stems from the production or consumption of a good or service, resulting in a cost or benefit to an unrelated third party. Externalities le...
Category: General
What is F4 key used for?
Open the address bar in the Internet Explorer and the Windows Explorer. Alt+F4 closes program window currently active in the Microsoft Windows. Ctrl+F4 cl...
What is the difference between sunk cost and incremental cost?
Sunk costs are costs of a historic nature and are incurred as a result of past decisions and are therefore irrelevant to any decision-making process. Incr...
Is accrued income a revenue?
Accrued income is revenue that’s been earned, but has yet to be received. Both individuals and companies can receive accrued income. Although it is not ye...
What is remittance in a sentence?
a payment of money sent to a person in another place. 1. Your last month’s salary will be paid by remittance. 2. Is remittance the same as payment? A remi...
How do you record GST in journal entries?
How to Record GST Transactions in Accounts – Journal Entries Purchase Transactions (Input Supplies of Goods or Services) Sale Transactions (Outward Suppli...
What is the percentage of 8 out of 12000?
Percentage Calculator: What is 8 percent of 12000? = 960. How do you find 8 percent of a number? Percentage Calculator How to find 8% of a number? Take th...
How much do passports cost 2020?
New Passport (for adults age 16 and older): For a new adult passport book: $110 application fee and a $35 execution fee. The new total fee is $145. Passpo...
How do you enter capital expenditures?
To calculate capital expenditures, follow these steps: Locate depreciation and amortization on the income statement. Locate the current period property, p...
Can cash book have credit balance?
A credit balance in cash book is a overdraft as per pass book. The bank maintains the customer account which is further printed in the passbook. Therefore...
