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Explain the term- CASH SHORT AND OVER This account is used to record both a shortage and overage of cash in cash drawer. When change is made during a business day, mistakes can
procedure followed in government system of accounting in india
Q. Explain about trade discount? A trade discount is a percentage deduction or else discount from the specified list price or catalogue price of merchandise. Companies utilize
Q. What is trial balance? The firm credits two Accounts Payable and accounts Cash in this one entry. But the dollar totals of the debits and credits are equal. Cyclically accou
contractee account is it an assets account or expenses Account
Q. Explain about income statement? The income statement, sometimes called as an earnings statement that reports the profitability of a business organization for a stated period
The information contained in published financial statements is of specific importance to external users, as shareholders and investors. Without any information they would not be ca
How to create account for barter transactions? As My Company is providing a service to another company and that company is reimbursing us with his service.
i want to clear concepts of journal
can you show me a sample balance sheet with retained earnings included?
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