Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. What is invoice?
An invoice is a document prepared by the seller of merchandise as well as sent to the buyer. The invoice contains the details of a sale such like the number of unit price, total price billed, terms of sale, units sold and manner of shipment. A retail company organize the invoice at the point of sale. A wholesale company which supplies goods to retailers organize the invoice after the shipping department notifies the accounting department that it has shipped the goods to the retailer. It is an instance of an invoice prepared by a wholesale company for goods sold to a retail company. By resources of the invoice as the source document a wholesale company records the revenue from the sale at the time of the sale for the following reasons
- The seller has passed legal title of the goods to the buyer as well as the goods are now the responsibility and property of the buyer.
- The seller has recognized the selling price of the goods.
- The seller has finished its compulsion.
- The seller has exchange the goods for another asset such as cash or accounts receivable.
- The seller are able to determine the costs incurred in selling the goods.
Part 1: Students should consult with appropriate personnel in order to undertake an assessment of the client’s financial needs. Students must undertake an interview / consultation
For earnings management, is impairment of goodwill easier to manipulate than impairment of PPE?
Q. Preparing a separate trial balance? As an alternative of preparing a separate trial balance as accountants uses the Trial Balance columns on a work sheet. The numbers and ti
Q. Show Recording changes in assets? Recording changes in assets, liabilities, and stockholders' equity While recording commerce transactions remember that the foundation of
How do you do cross-indexing?
Scott Manufacturing Co.'s static budget at 10,000 units of production includes $40,000 for direct labor and $4,000 for electric power. Total fixed costs are $23,000. At 12,000 un
Q. Illustrate a simple accounting system? James Stevens was captivating an accounting course at State University. as well he was helping companies find accounting systems that
Identify and explain the two ratios that are used to assess the solvency of a business.
A store receives $400 cash after offering a chain discount of 10/10/5 on a good. What was the list price? A. $492.20 B. $519.82 C. $533.33 D. $612.00
In earlier section, we had illustrated accounting as the language of business. Along with language, accounting has several dialects. There are dissimilarities in terminology. In de
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd