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Q. Describe about chain discount? Occasionally the list price of a product is subject to several trade discounts this series of discounts is a chain discount. Chain discounts s
The Bayside Company uses the LIFO cost flow method to value inventory. In the current year, profit at Bayside is running unusually high. The corporate tax rate is also high this ye
Management: Organizations may not or may exist for the sole reason of profit. Though, information requires of the managers of both types of organizations are approximately the sam
Liquid Extracts Company makes a line of fruit extracts for home use in making wine, jams and jellies, pies and meat sauces. Fruits enter the production process in pounds; the prod
how is withdrawaL OF goods by owner for personal use treated in the books
How are gains from the sale of § 1244 stock treated? Gains on the sale of § 1244 stock is treated as
nWhat is the implication of applying accounting concepts wrongly.imum 100 words accepted#
What is the implication of applying accounting concepts wrongly
Q. What is Estimated useful life? The estimated useful life of an asset is the approximate time that a company can use the asset. Useful life is estimation not an exact measure
What is journal entry for Input CST which are paid at the time of purchases of goods from other state.
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