journal,trading a/c nd profit&oss a/c, Accounting Basics

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Why to and by using in journal, trading a/c, p&l a/c and ledger?

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WHO PREPARES A TRADING ACCOUNT AND WHY?

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Q. Illustrate accumulated depreciation account? Micro Train place depreciation expense in its income statement and it reports accumulated depreciation in the balance sheet as a

Describe about assets, Q. Describe about Assets? Assets are things of w...

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Stocks, Please help journalize: -On January 1, 2017 Harmony issued 1,500 sh...

Please help journalize: -On January 1, 2017 Harmony issued 1,500 shares of $22 par, 8% preferred stock for $43,700. -On January 1, 2017 Harmony also issued 2,000 shares of common s

Dividends paid to owners, Q. Dividends paid to owners? Stockholders' eq...

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