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Define Carriage outwards.
The fundamental concepts, discussed in the previous paragraphs, are the core components in the theory of accounting. Such concepts as postulates or conventions, although, permit a
How can price inflation effect a university negatively in the future? Like, what are a few things in the university that will be impacted?
A bank statement showed an overdraft of $750. A cheque issued in payment of rent for $570 had not been presented, and a cheque for $624 received was omitted from the statement. The
what are the implications of applying accounting concepts wrongly
Q. Explain Vertical analysis? Vertical analysis demonstrates the percentage that each item in a financial statement is of some significant total such as total assets or sales.
Which error will cause a trial balance not to balance? A an invoice entered as a credit note on original input. B a journal entry that does not balance. C a transaction entere
intro
Purchased trucks and office equipment for cash Metro paid USD 20000 cash on behalf of two used delivery trucks and USD 1500 for office equipment. Office equipment and Trucks ar
which account rules
Carriage outwards is the expenses incurred by a business when distributing or transporting goods to a customer. The expenses are not part of the sales or selling price and as such are always shown as an expense in the profit and loss account.
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