Accounting, Accounting Basics

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what are the basics of accounting

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Q. Advantages of Weighted-average? Weighted-average: Advantages because of the averaging process the effects of year-end buying or not buying is lessened. Drawback Manipulation

Assets, list me all the asset in the world?

list me all the asset in the world?

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Q. What do you mean by Cross-indexing? Usually, accountants should check and trace the origin of their transactions so they provide cross indexing. Cross-indexing is the insert

Inflation accounting, Inflation Accounting: It is related  along with ...

Inflation Accounting: It is related  along with the adjustment in the value of assets that is current and fixed and of income in the light of changes in the price level. In a

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Q. Summary of significant accounting policies? As part of their annual reports companies comprise summaries of significant accounting policies. These policies help users in int

Assets, Calculate the amount of assets for Company

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Q. Common deductions from gross sales? Generally sales are for cash or on account when a sale is for cash the debit is to Cash and the credit is to Sales. While a sale is on ac

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I need help understanding my accounting 205 class., I need help understandi...

I need help understanding my Accounting 205 class. Would some one please help me understand what I am having such a hard time comprehending.

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