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Accounting, Accounting Basics
Posted Date: 11/27/2012 5:41:36 AM | Location : Pakistan
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Rent account, i need to pay rent for 3 year 2011,2012,and 2013. am in 2012 ...
i need to pay rent for 3 year 2011,2012,and 2013. am in 2012 1 December. what entries will be there for rent account and the rant account balance amount
What are the steps for closing entries, What are the steps for Closing entr...
What are the steps for Closing entries There is a certain order that should be used to close accounts: REID 1. Balance of the total R evenue to Income Summary 2. Bal
Partnership act, If partners do not draw up a partnership agreement, the pr...
If partners do not draw up a partnership agreement, the provisions of the Partnership Act apply on which statement is true like a provision of the Partnership Act? A Interest on
How to determine inventory cost, Q. How to determine inventory cost? To...
Q. How to determine inventory cost? To place the proper evaluation on inventory a business must answer the question: Which costs must be included in inventory cost? After that
Determine the term - working capital and current ratio, Determine the term ...
Determine the term - Working capital and current ratio Determining these ratios would help a business determine if will have enough capital to operate and can meet their debts.
What is meaning of financial statements, Financial statements Summaries...
Financial statements Summaries of financial activities are known as financial statements that are prepared on a regular basis at the end of an accounting period. Accounting per
Journal, Why to and by using in journal, trading a/c, p&l a/c and ledger?
Why to and by using in journal, trading a/c, p&l a/c and ledger?
Survey of accounting issues, Required: Record the following transaction on...
Required: Record the following transaction on the spreadsheet, total each column a. Issued 100 shares of common stock for $12 per share, par=$1, on Jan 15, 2011. b. On Feb. 5 pu
Effect of transction, example of increase asset, decrease owner equity
example of increase asset, decrease owner equity
Define current assets, Q. Define Current assets? Current assets are cas...
Q. Define Current assets? Current assets are cash and other assets that a business is able to convert to cash or uses up in a relatively short period one year or one operating
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