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What is the sarbanes-oxley act

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Reference no: EM133197566

Chapter 10

1. What is the Sarbanes-Oxley Act?

2. What type of an account is Sales Discount? Purchase Discount?

Chapter 11

1. Why is an adjustment for unearned revenue necessary?

2. What is the difference in adjusting merchandise inventory between the periodic inventory system and the perpetual inventory system?

Chapter 12

1. How is the gross profit calculated?

2. Define working capital and current ratio.

Reference no: EM133197566

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