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How to do a trial Balance
Particulars
Amount Dr.
Amount Cr.
In the particulars column we will write all the name of the accounts and in the debit we will write the amount. On the debit we will write all the expenses, all assets and all losses and on the credit side we will write all incomes, all liabilities and all gains and profits. Meaning of Trial Balance T.B is a statement, prepared with the debit and credit balances of the ledger accounts to test the arithmetical accuracy of the books.
Ryan's Express has total credit sales for the year of $178,000 and estimates that 3% of its credit sales will be uncollectible. Record the end-of-period adjusting entry on Decemb
Control of independent demand inventory items
Q. What is Owners invested cash? When Metro Courier Inc was structured as a corporation on 2010 June 1 the company issued shares of capital stock for USD 30000 cash to Ron Chan
even after preparing BRS why does balance as per cash book and balance as per pass book do not tally?
what are special journals
State about the Cash payments journal A special journal used to record any payment of cash. There would be a check number given to be recorded in journal as well. Source docume
The Bayside Company uses the LIFO cost flow method to value inventory. In the current year, profit at Bayside is running unusually high. The corporate tax rate is also high this ye
Breakeven Analysis - I really need help calculating this. Our company's breakeven point occurs after the agency consecutively yields two months of positive net income. This a
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
with help of illustrations,comment on final accounts
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