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what is meaning by parallel accounts
it wont balance
Q. What is the use of balance sheet? Balance sheet -- a statement of the financial position of a company at a single specific time(often at the close of business on last day
Q. Explain double-entry procedure? The double-entry procedure maintains the accounting equation in balance. The dual recording process generates two sets of accounts those with
The book of Deven Verma could not be tallied. The account transferred the difference of Rs. 1.270 in the suspense account on the debit side. the following mistakes were found later
How to do a trial Balance Particulars Amount Dr. Amount Cr. In
I am trying to figure out FIFO LIFO and AVERAGE COST of the ending inventory and the cost of goods sold.
format
profit
Q. Explain about Accounting period? As those interested in the activities of business need timely information companies must prepare financial statements periodically. To organ
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