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CORPORATE ACCOUNTING, Accounting Basics
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Posted Date: 3/16/2013 11:37:48 AM | Location :
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After the accounts are adjusted and closed at the end, After the accounts a...
After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $673,400, and Allowance for Doubtful Accounts has a balance of $11,90
Explain about long-term assets, Q. Explain about Long-term assets? Long...
Q. Explain about Long-term assets? Long-term assets are assets that a business has on hand or else uses for a relatively long time. Examples include plant, property and equipme
Example of work sheet for a merchandising company, Q. Example of work sheet...
Q. Example of work sheet for a merchandising company? Lyons Company is a tiny sporting goods firm. The illustration for Lyons Company focuses on merchandise-related accounts. T
Determine the various approaches to product costing, Details: Costing prod...
Details: Costing products is a matter of considerable importance to organizations. The need for accurate product costs ranges from cost identification for inventory valuation purp
Measurement of expense, The measurement of expense Accountants measure larg...
The measurement of expense Accountants measure largely assets used in operating a business by their historical costs. Consequently they measure a depreciation expense resulting fro
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
Journal entry, what is journal entry
what is journal entry
Service revenue earned on account, Service revenue earned on account M...
Service revenue earned on account Metro performed courier deliverance services for a customer who agreed to pay USD 900 at a later date. The company approved credit rather tha
Adjustments for accrued items, Q. Adjustments for accrued items? Accrue...
Q. Adjustments for accrued items? Accrued items need two types of adjusting entries asset/revenue adjustments and liability/expense adjustments. The first group asset/revenue a
What is difference between super stockist and distributor, Super stockist i...
Super stockist is one who supply product to n no. of distributor in area. Distributor is one who supply to dealers in the area
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