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The formula for computing additional paid-in capital in excess of par is shares of stock timesSaturday
began his business with equipment valued at $40,000 and place $400,000 in the business checking account. what are the accounts affected?
Scop of accounting
Desrocher Ltd. issued an instalment note on January 1, 2014 (with a required yield of 9%), in exchange for land that it purchased from Safayeni Ltd. Safayeni's real estate agent
Two techniques of accounting for inventory are perpetual inventory procedure and periodic inventory procedure. Under perpetual inventory procedure the inventory account is constant
Q. Sales returns affect both revenues and cost of good? When a company sells merchandise to customers then it transfers the cost of the merchandise from an asset account that i
What does a business owner do when the cash balance approaches zero and there are bills to be paid? (Hint: look at the financing activities of the Cash Flow Statement and then lo
A Customer Master Record is a permanent record that haves key information about a business partner or a material. This information must be entered into the system before any transa
what are the activities in the business organization
on 10/15 the academy agreed to teach a four month class (beginning immediately) to an individual for $2,200 tuition per month payable at the end of the class. the class started on
entry for bad debts provision
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