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Determine the Purchasing Procedures
Alarge company would use a "purchasing agent" who heads purchasing department. Small companies would use manager/owner, etc.
Seller receives order and sends an invoice (document which shows the name of buyer and seller, terms of sale, date, description, delivery, price, and total owed) sales and purchase invoice and merchandise.
When merchandise is received, it's checked against purchase order.
Explain about the payroll register This is a summary of gross earnings, deductions and net pay for all employees for a specific payroll period. Register illustrates all amounts
Is the interest on a note receivables recorded if paid prior to the due date? A. Debit to interest expense B. debit to interest payable C. Credit to interest receivable D. Credit
Q. What are simple journal entries? To understand the cross-indexing and posting process trace the entries from the general journal to the general ledger. The ledgers accounts
briefly explain the accounting concepts which guide the accountant at the recording stage
Journal voucher is the voucher in which all the adjustment related entries and non cash non bank transactions are come ijournal eg-dep, some of them book the bills in journal and
Q. Show Earnings per share? Earnings per-share amounts are based upon the weighted average number of common as well as common equivalent shares outstanding during the year. Com
Funds Flow Analysis : This study is occasionally called as 'Statement of alter in Financial Position". Beneath this analysis, a declaration is prepared which give details the
with help of illustrations,comment on final accounts
What are the accounting Principles?
Case Study : Briana Hope has had a long-standing love affair with technology and an appetite for apps. She believes that business owners that are not taking advantage of apps to
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