accounting basics, Accounting Basics

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What do you understand by revenue, Q. What do you understand by Revenue? ...

Q. What do you understand by Revenue? Revenue -- Amounts received by or due a company for services or goods it provides tocustomers. Receipts are cash revenues. Revenues can al

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I am expecting 50 growth because of the market size and consumers patronage, also because of latest product and service been introduced, also due to the competent working force wit

Journal.., i want to know the concepts of journal

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Double entry, started in business with cash 16,000

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Prepare the Journal Entries Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of the tr

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Explain in brief about the purchases account, Explain in brief about the pu...

Explain in brief about the purchases account  keeps a record of cost of merchandise purchased for resale during an accounting period. Assets are recorded as assets-not pu

What is meaning of financial statements, Financial statements Summaries...

Financial statements Summaries of financial activities are known as financial statements that are prepared on a regular basis at the end of an accounting period. Accounting per

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