Chart of Account for Merchandising or Import and Export Company Chart of Account is important process to record financial transactions and show financial statements. Below are charts of account for merchandising or import and export company. Chart of Account for Income Statement INCOME Sale Income Sale-Cars Sale- Computers Sale –Other items Sale Discount COST OF GOODS SOLD COGS -Cars COGS
Continue reading While some workplace stress is normal, excessive stress can interfere with your productivity and performance, impact your physical and emotional health, and affect your relationships and home life. You can’t control everything in your work environment, but that doesn’t mean you’re powerless You can’t always avoid the tensions that occur on the job. Yet you can take steps to manage
Continue reading Employees quit their job for many reasons. But, the majority of reasons why employees quit their job are under the control of the employer. The best way to retain employees is to stay in touch with what they’re thinking. Are they happy with their work? Are their needs for challenge, belonging, development, and meaningful work met? Here are 12 critical reasons
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Congratulations on your new job! If you’re excited, that’s good. You want to show up full of energy and excitement.While you met some of your colleagues, there will be many new faces and names to learn. New things you will learn. Here are 15 steps to take when starting a new job to ensure you’re productive and successful as quickly
Continue reading Job Duties and Description for Accountant Job description is important for management who will assign tasks or any responsibilities to their subordinates. Clear job description will make work more effective and efficiency and reduce complexity of job. In practice, HR department and head of each department will discuss and corporate to make job description for their staffs. Job duties and
Continue reading Below are tips on how to prepare for an interview. Advice includes how to research the job and company, how to practice interview questions and answers, how to dress for the interview, how to follow up after the interview, and more. Analyze the Job Description and Job Requirement Before you are interviewed , you should search job description and job
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Specific Tax ( SPT) | PLT, PPT, VAT in Cambodia – Example 1 Example Assume that ABC Company manufactured and sold Wine Brand Y. During April, ABC Company sold to the following customers: Local real regime company customers of $20,000 ( included any taxes). Local wholesaler customers of $10,000 ( included any taxes). Local final users of $5,000 ( included any taxes).
Continue reading Which entities should use IFRS for SMEs | What is an SME ? Note: Public Accountability Companies use full IFRS while SME companies use partial IFRS or IFRS for SME. What is an SME? There is no universally agreed definition of an SME( small- or medium-sized enterprise). No single definition can capture all the dimensions of a small- or medium-sized
Continue reading IFRS | IAS not be relevant for SME financial statements In July 2009, the International Accounting Standards Board (IASB) issued the IFRS for Small and Medium-sized Entities (IFRS for SMEs). This standard provides an alternative framework that can be applied by eligible entities in place of the full set of International Financial Reporting Standards (IFRSs). The IFRS ( International Financial
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