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State about the Reporting sales taxes collected
SALES TAX PAYABLE - CREDIT BALANCE
SALES RETURNS INVOLVING A SALES TAX
Tax should also be returned to the customer.
Q. What is Sales Discounts account? The Sales Discounts account is the contra revenue account to the Sales account. In the income statement the seller deducts this contra reven
norman co borrows $15,000 with a 8%interest 38,000 account receivable paid $26,000 salary
Process for Calculating gross earnings These are employee's earnings before any amount is deducted by the employer. Earnings are calculated either by a standard monthly r
John Bentley is the chief financial officer for World Auto Parts Corporation the company buys approximately USD 500 million of auto parts every year from small suppliers all over t
#How to make journal entries?
Cash Book: It is one of the Subsidiary Book which is usually used by any business organisation to record all the cash transactions which helps to know the cash position as and when
dividend received rs 100was posted to debit to dividend account. the rectification entry n will be what?
Required: An implementation of a two player game. Keep the game simple ROCK PAPER SCOSSORS A two player game, each player on a different browser instance. (pro
Q. Explain about Going-concern concept? Except strong evidence exists to the contrary accountants assume that the business entity will continue operations into the indefinite
HOW TO DO DOUBLE ENTRY QUESTIONS
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