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Ower invested cash in the company along with equipment at market value, the amount is considered part of capital or revenues?
Define Carriage outwards.
What is the relationship of accounting and biology?
Cost sheet is sheet Where all the cost should be recorded which related to the produc.
Which error will cause a trial balance not to balance? A an invoice entered as a credit note on original input. B a journal entry that does not balance. C a transaction entere
How to create account for barter transactions? As My Company is providing a service to another company and that company is reimbursing us with his service.
Q. What is FOB shipping point? FOB shipping point signifies free on board at shipping point. The buyer acquires all transportation costs after the merchandise has been loaded o
Q. FIFO under perpetual inventory procedure? FIFO under perpetual inventory procedure in perpetual inventory procedure the ending balance in the Merchandise Inventory account r
Q. Learning objectives of trial balance? - The cash basis of accounting know revenues when cash is received and recognizes expenses when cash is paid out. - The accrual basi
Q. Describe about post-closing trial balance? A post-closing trial balance is trial balances taken subsequent to the closing entries have been posted. The only accounts that mu
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