banking sector, Accounting Basics

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The classified balance sheet, Dunmore Coal and Iron purchased $1,000,000 in...

Dunmore Coal and Iron purchased $1,000,000 in corporate bonds and 500,000 shares of common stock in its competitor, Olyphant Iron. Dunmore plans to hold onto the bonds until the ma

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Determine in brief about the SALES ACTIVITY Just as merchandizing businesses follow specific procedures to process and record purchases, they follow numerous procedures to proc

Trading profit & loss, trial balance as at may 31 19*6 ...

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What do the "transfer" items in the notes to the financial statements relate to? (in the capital assets section; Plant, property & equipment and Intangible assets

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Gaap, Assignment on Generally Accepted Accounting Principles

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Determine about the Debit memorandum A debit memorandum is the buyer's written request to seller for credit. Individual account is debited to reduce the amount which they nee

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