ACCOUNTING CONCEPT, Accounting Basics

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What is the implication of applying accounting concepts wrongly?

Related Discussions:- ACCOUNTING CONCEPT

In accounting, 1. what is accounting ? 2. what should we/i do to know accou...

1. what is accounting ? 2. what should we/i do to know accounting 3. what are the basics of accounting? 4 is accounting is hard ?

What is ledger, Ledger = From the Journal entries we will post the trans...

Ledger = From the Journal entries we will post the transactions in a book known as Ledger. Ledger is a book which contains the summarized and classified form of permanent record

Explain in detail about the merchandise inventory, Explain in detail about ...

Explain in detail about the MERCHANDISE INVENTORY Cost of merchandise purchased during an accounting period is debited to Purchases account. To determine VALUE of the goods on

Show double-entry procedure or duality, Q. Show double-entry procedure or d...

Q. Show double-entry procedure or duality? In every business transaction we record the total dollar amount of debits must equal the total dollar amount of credits. While we deb

BRS, what is the BRS

what is the BRS

Final accounts, stpes to be taken prepaing for final accounts

stpes to be taken prepaing for final accounts

Journal and ledger, ledger is said to be the principal book entry and the t...

ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account. Elaborate and explain why journal is necessary?

Adjusting entry, office supplies on hand at year-end amounted to 3000.

office supplies on hand at year-end amounted to 3000.

Accounting policies, How the use of different accounting policies affect th...

How the use of different accounting policies affect the financial performance of different entities operating within the same industry

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