Accounting Questions
What is the formula to calculate common size?
Net sale/number
Who always comes to the Accounting class for the Tuppshop keys
Rafiq
What is Bhaumik's third block class
Accounting
What is Simon’s last name
La
what does eps stand for?
earnings per share
Who is Ms. Gauthier favourite student?
Who is it Ms. Gauthier?
how tall is Bhaumik?
5'10
What is Steve’s last name
He
how many years does it take for someone to get a CPA
6 years (2 years for CPA)
How many students do we have in each actual grade (10‘s 11’s 12’s)
Grade 10’s =6
Grade 11’s =10
Grade 12’s =7
What is Bhaumik's age
16
What is Hunter’s last name
Liu
this accounting principle requires that expenses be recorded in the same period as the revenues they help generate
what is the matching principle
Name all of the Accounting 12 students
Cooper, Henrik, Dano, James, Kian, Kyle, Nyssa, Olin, and Ty
What shoe brand is bhaumik wearing
Armani Exchange
What is Bhaumik’s last name
Sharma
The benefits of being in a partnership (list 3)
1. A partnership lets the business owners bring together greater financial resources than a sole proprietorship does.
2. A partnership combines the varied abilities of the owners, giving the management team a broader base of skills than that of a sole proprietorship.
3. Compared to a corporation, a partnership is simple to organize. It is usually only necessary to register the firm with the provincial government and pay a nominal fee required in the regulations.
4. Partners make decisions without having to involve or report to a wide group of people. This is not the case in many large corporations that have multiple owners, who are called shareholders.
5. A partnership does not pay its own income tax and, therefore, avoids the complication of double taxation that corporate shareholders must face.
Name all the Accounting 11 students
Ahmad, Bhaumik, Evelyn, Hunter, Juri, Kaetlynn, Kaylee, Kody, Leah, Marcus, Oscar, Peter, Simon, and Steve
How many languages does Bhaumik speak
3, working on 4
What is all our birth months
January, May, October, November