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Q. Example of Electronic spreadsheets?
Electronic spreadsheets have many applications in accounting. An electronic spreadsheet is basically a large blank page that contains rows and columns on the computer screen. The blocks formed by the intersection of the rows and columns are cells each cell can hold one or more words, the product or a number of a mathematical formula. Spreadsheets are perfect for creating large trial balances, work sheets and other schedules and for performing large volumes of calculations such like depreciation calculations. The mainly popular spreadsheet program is Microsoft Excel. Free spreadsheet programs are as well available from companies such as Google and Zoho.
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office supplies on hand at year-end amounted to 3000.
Weston Corporation manufactures a product that is available in both a deluxe and a regular model. The company has made the regular model for years; the deluxe model was introduced
what are the implications of applying accounting concepts wrongly
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Q. Illustrating the recording of sales returns? Following are two instances illustrating the recording of sales returns in the Sales Returns and Allowances account - Suppose
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