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A document or shape used by a customer to issue an order for goods or services.
I need notes on
1.Procure to pay cycle with accounting entries
2.give to cash
contractee account is it an assets account or expenses Account
Liquidity refers to a company's cash position, availability of resources to meet short-term cash requirements, and overall ability to obtain cash in the normal course of business.
Replenishing the Petty Cash Fund Debit every expense account, supplies, or drawing as needed. Credit to Cash. Petty Cash is only debited when fund is established or increased.
Accounting supposes that the business as an accounting entity will continue to operate for a long time in the future, unless there is superior evidence to the contrary. The enterpr
A light truck is purchased on January 1 at a cost of $27,000. It is expected to serve for eight years and have a salvage value of $3,000. Calculate the depreciation expense for t
The trial balance of Bellemy Fashion Center contained the following accounts at November 30, the end of the company’s fiscal year.
preparing trial balance with balance method
A store receives $400 cash after offering a chain discount of 10/10/5 on a good. What was the list price? A. $492.20 B. $519.82 C. $533.33 D. $612.00
You won a lottery which pays $10,000 per year for 10 years (at the end of each year). Assuming a discount rate of 8% calculate the present value of your expected winnings
Read it once and answer, if The following items appear on a balance sheet. $ Inventory balance at bank cash in hand trade
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