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intro
Q. Describe Exceptions to the realization principle? Exceptions to the realization principle: The following illustrations are instances when practical considerations may cause
Why to and by using in journal, trading a/c, p&l a/c and ledger?
what all things do we have to treat in revaluation account
A user buys a new transponder for $20. What debit and credit entries would need to be made?
Q. Explain about Sales discounts? Sales discounts when a company sell goods on account it clearly specifies terms of payment on the invoice. For instance the invoice in Exhibit
what does office stationery at year end classify as? asset or expense?
Explain:- 1. Why would users want to see cash flows broken out into three parts (operating, investing, and financing)? What's the purpose of this structure? 2. Companies often use
Q. Determine the cost of ending inventory? The company suppose that the 20 units in inventory consist of 10 units purchased December 21 and 10 units purchased October 12. The o
stpes to be taken prepaing for final accounts
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