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Which type of error would cause an entry in the suspense account?
A. A page total from the purchases journal was posted as $9780 rather than the correct figure of $9870.
B. Carriage outwards is credited to the carriage outwards account but correctly accounted for in the cash book.
C. Discounts allowed are debited to the discounts allowed account and credited to the purchases ledger control account.
D. Repairs to a vehicle are debited to the vehicles account.
is money deposited to the municipality for electricity current assets
Business is an activity performed with the only intention of earning profit. The activity may differ according to the scope and volume.
A baker makes 500 cream-filled eclairs at a cost of $0.72 each. He estimates that 10% of the eclairs will be sold the following day at a reduced price of $0.80 each. Find the mar
format of the account
#quesDance fans switch away from dance music to R&B music AND the price of MP3 players decreases. tion..
Question 1: Briefly explain the following costs terms: Variable costs and fixed costs Semi- variable costs and semi-fixed costs Past costs and future costs.
If a customer payment data was lost and needed to be reconstructed what are some of the ethical considerations the business owner would need to consider? This may include internal
Determine in brief about the SALES ACTIVITY Just as merchandizing businesses follow specific procedures to process and record purchases, they follow numerous procedures to proc
How are gains from the sale of § 1244 stock treated? Gains on the sale of § 1244 stock is treated as
Q. Describe about Fixed Assets? Fixed Assets can't be quickly turned into cash without interfering with business operations.Fixed assets comprise buildings, land, machinery, fu
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