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“Ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account.” Elaborate and explain why journal is necessary.
stpes to be taken prepaing for final accounts
what is meaning by parallel accounts
A swap valuation method which involves summing and computing the present value of each and every future net settlement and would be required by the contract terms either future s
10% preference share 336 ooo ordinary share capital 480 000 prepare a statement of profit or loss
A department transferred 7,000 units to the finished goods storeroom during a month. There was no beginning work in process inventory, but 500 units were still in process at the
Q. Advantages and Disadvantages of FIFO? FIFO: Advantages (a) FIFO is easy to apply (b) the assumed flow of costs habitually corresponds with the normal physical flow of goods
A good purchased for $480 sells for $700. If the store's operating expenses are 30% of cost, what is the percentage markup on cost? A. 1.5% B. 10.57% C. 15.83% D. 4
Q. Explain about Long-term investments? A long-term investment habitually consists of securities of another company held with the intention of (a) obtaining control of another
Bear Market Bear market is a market in which stock prices are expected to fall.
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