bussines, Accounting Basics

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How to figure the discount using calculator, How To figure the discount usi...

How To figure the discount using calculator 1.  Be sure that decimal selector is on 2 decimal places 2.  Key in amount of the sale 3.  Multiply by percent (use the percent key)

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State the term- Liabilities Current Liability is a debt which is due for payment within one year. Long-term liability is one NOT paid in a year. OWNER'S EQUITY Also

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Example of accumulated depreciation account, Q. Example of accumulated depr...

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Determine the concept of Closing entries-(REID) 1)  Close Sales account and other income statement accounts with credit balances to Income Summary. 2)  Close each expense ac

Deferred payments, Ask question Discuss the export financing under the defe...

Ask question Discuss the export financing under the deferred payment system.#Minimum 100 words accepted#

Distributions to owners, Distributions to owners are reducing in equity of ...

Distributions to owners are reducing in equity of a particular business enterprise resulting from transferring rendering services, assets or incurring liabilities by the enterprise

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Q. What is Chart of accounts explain? The chart of accounts is a absolute listing of the titles and numbers of all the accounts in the ledger. The chart of accounts is able to

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