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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.
Your client, Hope, of Hope's Country Corner, is curious about two events will influence both taxable and financial income. The first event involves the purchase of pottery-making e
#quthe books of deven verma could not be tallied.the accountant transferred the difference of Rs.1270 in the suspense account on the debit side the following mistakes were found la
what is book keeping?
Corporations frequently invest in securities issued by other corporations. Some investments are acquired to secure a favorable business relationship with another company. On the ot
Explain the term- CASH SHORT AND OVER This account is used to record both a shortage and overage of cash in cash drawer. When change is made during a business day, mistakes can
Q. Example of T-accounts? Suppose that the last day of December 2010 falls on a Monday this expense account doesn't show salaries earned by employees for the last day of the mo
Q. What is Income Summary account? The Income Summary account is a clearing account used merely at the end of an accounting period to summarize revenues and expenses for the pe
Why is it important for accounting information to be accurate and timely?
WHAT DO YOU MEAN BY CUM- INTEREST PRICE
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