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Q. Example of Statement of retained earnings? Statement of retained earnings The statement of retained earnings as you remind is a financial statement that summarizes the trans
How the use of different accounting policies affect the financial performance of different entities operating within the same industry
paid rent $200 by cash
Why to and by using in journal, trading a/c, p&l a/c and ledger?
Q. What do you mean by consigned goods? FOB destination, freight collect - Seller acquires freight charges and buyer initially pays freight charges. Buyer deducts freight accus
Q. Goal of financial reporting? The second goal of financial reporting is to provide information to help present and potential investors and creditors and other users in assess
when youre using accounting software why would you use hot keys and shortcuts a.to quickly access commands b.to input data for you c.to start the program d.to write checks
a 50 petty cash fund has cash of 20 and valid receipts for 40. The entry to replenish the fund would include a
#What kinds of risks does a firm like Amazon.com face with respect to safeguarding its assets? What types of controls do you think it already has in place to minimize these risks?
How do you set up a t account correctly?
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