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I am currently doing a report on IRFS and have to identify the the issues involved with businesses adopting IRFS
Classification feature of Accounting Transaction. Under the classification accountant posts the entries into their respective ledgers in the Accounts Books. Every Account entry
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Significant factors of financial accounting In financial accounting, The IASB and FASB considered that reconsidering all the ideas would not be a practical use of their underst
The company acquired 50000 8% preferencd shares (with a par value of R4 each) in cross limited on 30 june 2006 for R180000.
What do you understand by the term “Book Keeping”? Ans. In nutshell the attending the Accounting Process is called or referred as Book Keeping in other plain words we may concern
IASB -International Accounting Standards Board : IASB is an independent body based in London, which is responsible for setting accounting standards. IASB started operations in the
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Short-Term Credit Decision In no more than one typed page, provide a statement of your decision to lend or not lend to this company based on your interpretation of the company
Batch costing and method of costing whereby identical units produced are treated as a single unit & the cost incurred is shown to the whole of that batch instead of each individual
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