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Define Accounting. Briefly explain the accounting concepts which guide the accountant at the recording stage.
Target Company issues bonds with a par value of $900,000 on their stated issue date. The bonds mature in 10 years and pay 10% annual interest in semiannual payments. On the issue
Which of the following about debits and credits is false? A. Credits increase revenues, gains and bonds payable B. Debits increase salaries expense and prepaid expenses (prepayment
Question 1 What is cash book? Explain the different types of cash book 2 Prepare a trial balance from the following Particulars Amount Rs.
How do you do cross-indexing?
They are likely to tests for tact, diplomacy, and with descriptive skills.
Explain the business assets Withdrawal Withdrawal (Drawing) is removal of business assets for personal use by owner. This transaction decreases the asset taken and value of
what is Accounts payable process?
in cash flow statement, deductions from cash expences and payments to creditor. how do you get this answer
“Ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account.”
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