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Q. Explain Merchandise inventories? Merchandise inventories are goods supposed for sale. Section 6 starts our discussion of merchandise inventories.
Explain the business assets Withdrawal Withdrawal (Drawing) is removal of business assets for personal use by owner. This transaction decreases the asset taken and value of
List of things to include in a trial balance before adjustments
Define Accounting. Briefly explain the accounting concepts which guide the accountant at the recording stage.
Q. What are Accounting software packages? Accounting software packages are normally menu driven and organized into modules such as accounts payable, general ledger, accounts re
Q. Cash equivalents and investments? Cash as well as cash equivalents consist of cash on hand and marketable securities with original maturities of three months or less. SFA
An asset's cost includes all normal and reasonable expenditures necessary to get the asset in place and ready for its intended use. 01.) True 02.) False True or Fals
Goods purchased from ranu p5000
Super stockist is one who supply product to n no. of distributor in area. Distributor is one who supply to dealers in the area
how do we credit debit cash received from owner
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