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T accounts, Accounting Basics
How to setup T accounts
Posted Date: 3/30/2013 11:58:49 AM | Location : United States
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What do you mean by bookkeeping, Q. What do you mean by bookkeeping? Ac...
Q. What do you mean by bookkeeping? Accounting is frequently confused with bookkeeping. Bookkeeping is a mechanical procedure that records the routine economic activities of a
Example on gross margin method, Q. Example on gross margin method? To d...
Q. Example on gross margin method? To demonstrate the gross margin method of computing inventory assumes that for several Years Field Company has maintained a 30 per cent gross
Measurement in financial statements, Q. Measurement in financial statements...
Q. Measurement in financial statements? In December 1984 the FASB issued Statement of Financial Accounting Concepts No. 5 The Recognition and Measurement in Financial Statement
Balance sheet, where dose inventory changes aper on the balance sheet
where dose inventory changes aper on the balance sheet
Journal, Why to and by using in journal, trading a/c, p&l a/c and ledger?
Why to and by using in journal, trading a/c, p&l a/c and ledger?
Determine the types of credit card sales, Determine the types of Credit car...
Determine the types of Credit card sales Bank Credit Card Sales - Most retail businesses accept bank credit cards. Treated as a CASH sale. Recording Bank Credit Card Sale
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
Find the balance at the end of 6 years of $5000 investment, Find the balanc...
Find the balance at the end of 6 years of $5000 investment in an account with a nominal annual rate of interest of 2.5% compounded quarterly over the first two years and then gro
Explain about cash discount, Q. Explain about cash discount? In a few i...
Q. Explain about cash discount? In a few industries credit terms include a cash discount of 1 percent to 3 percent to induce untimely payment of an amount due. A cash discount
Calculate the liability, XYZ Solutions Pvt Ltd purchased a new vehicle for ...
XYZ Solutions Pvt Ltd purchased a new vehicle for their employee Sonia to use for both work and private purposes on 1 November 2010. The car cost $38,500 and they paid an extra $2
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