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diagram .
Consumers and others: Consumers' organizations, welfare organizations, media and public at huge are also interested in condensed accounting information so as to appraise the effic
"Periodic Review" is the suitable method of controlling stock in hotel bar.
Q. What is Sales Discounts account? The Sales Discounts account is the contra revenue account to the Sales account. In the income statement the seller deducts this contra reven
Why to and by using in journal, trading a/c, p&l a/c and ledger?
illustrate business cycle with reference to a retail trader which does business on a cash basics
Inventory is habitually the largest and most important asset owned by a merchandising business. The inventory of some companies similar to car dealerships or jewellery stores may c
After the closing entries are posted to the ledger, each revenue account will have a zero balance: a. a zero balance, b. a debit balance, c. a credit balance, or d. either a debi
Write short notes on 5 modern accounting techniques
journal entry fire insurance claim received for previous year is 50% of its original claim
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