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journal entry, Accounting Basics
what is journal entry
Posted Date: 10/7/2012 9:17:02 AM | Location : United States
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What do you mean by" bank reconciliation"?, A Bank reconciliation manipulat...
A Bank reconciliation manipulates cross verifying the entries in the cash book(bank balance)with that of pass book. Mostly the reasons for disagreement of cash book with that of
Can you explain about liabilities, Q. Can you explain about Liabilities? ...
Q. Can you explain about Liabilities? Liabilities -- amounts owed by a company to others. Current liabilities are those amounts duewithin one year or less and generally include
Are mailing lists is prepaid or period expense?, Are mailing lists are cons...
Are mailing lists are considered as prepaid or period expens?
Annual interest of 5% paid if balance exceeds, Annual interest of 5% paid i...
Annual interest of 5% paid if balance exceeds 800, $7 monthly fee if account falls below minimum balance, average monthly balance $1,160, account falls below $800 during 5 months
What do you mean by equities, Q. What do you mean by Equities? Assets w...
Q. What do you mean by Equities? Assets were described earlier as the things of value owned by the business or the economic resources of the business. Equities are every claims
Describe about chain discount, Q. Describe about chain discount? Occasi...
Q. Describe about chain discount? Occasionally the list price of a product is subject to several trade discounts this series of discounts is a chain discount. Chain discounts s
Requirements for accounting standards, The information contained in publish...
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
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
What do you mean by stock, Q. What do you mean by Stock? Stock -- a cer...
Q. What do you mean by Stock? Stock -- a certificate (or electronic or other record) which indicates ownership of a portion of acorporation; a share of stock. Preferred stock p
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