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fundamental, Accounting Basics
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Posted Date: 9/3/2012 2:43:15 AM | Location : United States
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Determine about the revenue section, Determine about the revenue section ...
Determine about the revenue section Revenue section provides a figure for net sales, which is balance of the Sales account, less the balances of contra sales accounts. (Sales -
Example of electronic spreadsheets, Q. Example of Electronic spreadsheets? ...
Q. Example of Electronic spreadsheets? Electronic spreadsheets have many applications in accounting. An electronic spreadsheet is basically a large blank page that contains row
Liquidity ratios (short term solvency ratios), Liquidity Ratios (Short Term...
Liquidity Ratios (Short Term Solvency Ratios): These Ratios calculate the capability of the firm to meet its current obligations. They point out whether the firm has enough li
What do you mean by depreciable asset, Q. What do you mean by depreciable a...
Q. What do you mean by depreciable asset? A depreciable asset is a manufactured asset such like a building, vehicle, machine or piece of equipment that provides service to a bu
What is uses of purchases journal, What is uses of Purchases journal ...
What is uses of Purchases journal Purchases journal (SPECIAL JOURNAL) Used to record only credit purchases of merchandise-may be only one column which is posted to two accou
FIFO LIFO AVERAGE COST, I am trying to figure out FIFO LIFO and AVERAGE COS...
I am trying to figure out FIFO LIFO and AVERAGE COST of the ending inventory and the cost of goods sold.
What is credit and debit from the banks point of view, Credit what comes in...
Credit what comes in. Debit what goes out.
Explain about pegboard system, Q. Explain about pegboard system? One mo...
Q. Explain about pegboard system? One more innovation in manual systems was the one write or pegboard system. Beside creating one document and aligning other records under it o
Development stage entities, The Development Stage Entities Topic specifies ...
The Development Stage Entities Topic specifies the guidelines for identifying an entity in the development stage, addresses the applicability of generally accepted accounting princ
Common deductions from gross sales, Q. Common deductions from gross sales? ...
Q. Common deductions from gross sales? Generally sales are for cash or on account when a sale is for cash the debit is to Cash and the credit is to Sales. While a sale is on ac
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