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Explain Carriage inwards.
Q. Example of Net purchases? Only the description would change. If Hanlon had previously paid the account the debit would be to Cash instead of Accounts Payable ever since Hanl
contractee account is it an assets account or expenses Account
what is the contributed capital and how do you figure it out?
help with journalizing payroll transactions and filling on the cash payments journal, may 15, paid cash for april's payroll tax liability. withheld taxes from april payrolls; emp
Q. What do you mean by Management consulting ? Management consulting or advisory services before Sarbanes-Oxley management advisory services were the fastest growing service ar
A baker makes 500 cream-filled eclairs at a cost of $0.72 each. He estimates that 10% of the eclairs will be sold the following day at a reduced price of $0.80 each. Find the mar
Q. Explain about Long-term assets? Long-term assets are assets that a business has on hand or else uses for a relatively long time. Examples include plant, property and equipme
Goodwill is an intangible asset of a organization which contains company reputation, fame etc., By goodwill company share value may enhances
what is the accounting concepts and conventions? and what is the procedure to follow the accounting formats
Wendell Corporation exchanged an old truck and $25,500 cash for a new truck. The old truck had a book value of $6,000 (original cost of $25,000 less $19,000 in accumulated depre
When goods are purchased from a supplier the cost of transporting the goods from the supplier is known as the carriage inwards. This cost arises from the purchases of goods and is therefore charged to the trading account as part of the cost of sales.
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