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Q. Sales Returns and Allowances account? The Sales Returns and Allowances account is the contra revenue account to Sales that records the selling price of merchandise returned
i dont undrstnd t concepts of assets and liabilties n also journal entries thnks
What is the implication of applying accounting concepts wrongly
The information contained in published financial statements is of specific importance to external users, as shareholders and investors. Without any information they would not be ca
What is the relationship of accounting and biology?
what is the implication of applying accounting concepts wrongly
During the tracking period, 18 March to 21 April 2011, your team is to monitor the performance of the shares and the overall performance of the Australian share-market. Can you ma
Rosco Company purchased 35,000 shares of common stock of Paxton Corporation as a long term investment for $900,000. During the year, Paxton Corporation reported net income of $300,
Purchased trucks and office equipment for cash Metro paid USD 20000 cash on behalf of two used delivery trucks and USD 1500 for office equipment. Office equipment and Trucks ar
define accounting
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