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Q. Explain Merchandise inventories?
Merchandise inventories are goods supposed for sale. Section 6 starts our discussion of merchandise inventories.
I am requesting for literature review and past studies on CDS.
Super stockist is one who supply product to n no. of distributor in area. Distributor is one who supply to dealers in the area
The total assets of Capp Co. are $600,000 and its liabilities are equal to two-thirds of its total assets. What is the amount of Capp Co.'s owner's equity?
Why to and by using in journal, trading a/c, p&l a/c and ledger?
Q. Explain about Accrual basis and periodicity? Accrual basis and periodicity demonstrated that financial statements more accurately reflect the financial status and operations
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. Explain accrual basis of accounting? In certain circumstances companies may perhaps use the cash basis for income tax purposes. All through the text we use the accrual basis
I need help understanding my Accounting 205 class. Would some one please help me understand what I am having such a hard time comprehending.
Q. Explain about Conservatism? Conservatism The Conservatism means being prudent or cautious and making sure that assets and net income are not overstated. Such overstatements
Q. What is Accrued expenses? Accrued expenses, accruals -- an expense that has been incurred though not yet paid for.Salaries are a good instance. Employees earn or accrue salar
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