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Q. Explain about stable dollar assumption? In the United States accountants make one more assumption regarding money measurement that the stable dollar assumption. Under the st
exploration costs for mining companies are assts
What is OWNER'S EQUITY Difference between Liabilities and Assets is Owner's Equity. The can also be known as capital, proprietorship, or net worth.
Determine the Purchasing Procedures Alarge company would use a "purchasing agent" who heads purchasing department. Small companies would use manager/owner, etc. Seller recei
“Ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account.”
Q. What is FOB shipping point? FOB shipping point signifies free on board at shipping point. The buyer acquires all transportation costs after the merchandise has been loaded o
Ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account.” Elaborate and explain why journal is necessary.
What is differences in access to financial information Distinction between the two areas of accounting reflects, to some extent, differences in access to financial information.
what is the basic meaning of debit and credit
how do we credit debit cash received from owner
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