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Q. Illustrate a sales cycle of company?
When exploratory a company's management, sales cycle and users of financial data must be aware of any seasonal changes that may affect its reported sales. A national retailer of personal computers and related products and services for instance should comprise wording similar to that in the following paragraph in its Annual Report describing seasonality.
Answer the following questions in 200 to 300 words: · Nonprofit organizations are required to produce financial statements based on the accrual method of accounting
Q. Explain about Traditional accounting theory? Conventional accounting theory consists of underlying assumptions rules of measurement major principles and modifying convention
MS EXCEL.
Q. What is journal? In explaining the rules of credit and debit we recorded transactions directly in the accounts. Every ledger (general ledger) account shows only the increase
A company’s sales volume averages 4,000 units per year. Recently, its main competitor reduced the price of its product to $48. The company expects sales to drop dramatically
10,000 dollar loan at a Maturity of 3 months, an 8% interest rate
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Q. Describe about Assets? Assets are things of worth owned by the business. They are as well called the resources of the business. Illustration includes machines, cash and buil
The Greenwood Company purchased equipment costing $900. Greenwood paid $400 in cash and agreed to pay the remaining amount in thirty days. As a result of this transaction
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