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Revolving charge plans are set up so that you can pay a percentage plus a finance charge on a monthly basis.
Credit terms - allow purchaser a certain amount of time to pay
n/EOM - PAYMENT should be made by the end of the month
Q. What is classified balance sheet? The balance sheets we presented thus far have been unclassified balance sheets. An unclassified balance sheet has three major categories li
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Explain about the Petty Cash Petty Cash It is a small amount of money which is kept in the office for making small expenditures. ($10, $25, $50, etc.) Business will conclude
Write the difference between budget & budgeting? Ans) An estimation of the revenue & expenses over a specified future period of time. A budget can be made for a person, family,
Weighted-average under periodic inventory procedure the weighted-average method of inventory costing is a income of costing ending inventory using a weighted-average unit cost. Com
what is journal entry
types of legancies
How to create account for barter transactions? As My Company is providing a service to another company and that company is reimbursing us with his service.
Importance of The bank statement Bank sends out bank statements each month. It's significant that this statement and checking account balance balances. There are certain items
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