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An audit of the accounting records of Loch Ness Ltd. for the year ending 30 June 2012 discovered that the ending inventory balance was over-valued by $35,000
I will need to upload the question sheets.
How would you journalize this transaction? Purchased used truck for $6,240, paying $3,120 cash and the balance on account.
Suppose that cars pass a certain toll booth at an average rate of 10 cars per minute between the hours of 7 a.m. and 9 a.m. The random variable X counts the number of cars that pas
EIGHT definition of statistics and their scholars
Define the Management or Managerial Accounting System. Ans. As the name suggest management or managerial accounting system refers to the Management of the firm or company,
Three major Accounts and their Rules There are three major Records which are a) Personal Accounts b) Real Accounts c) Moderate Accounts Rule for Personal Account: Ch
Cluster Sampling and Area Sampling: Cluster sampling involves grouping the population and then selecting the group or the cluster rather than individual elements for inclusion in t
Multi stage Sampling: This is a further development of cluster sampling. This techniques is meant for big inquiries extending to a considerably large l geographical area like an en
What do you mean by Purchase Return? Give an example. Ans. Sometime the goods an organization orders are not up to the mark and they are not supposed to keep or accept so th
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