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Q. Illustrate a sales cycle of company?
When exploratory a company's management, sales cycle and users of financial data must be aware of any seasonal changes that may affect its reported sales. A national retailer of personal computers and related products and services for instance should comprise wording similar to that in the following paragraph in its Annual Report describing seasonality.
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Q. What is Cost of goods sold? The second major division of an income statement for a merchandising business is cost of goods sold. Cost of goods sold is denotes to cost to the
The following stockholders' equity accounts arranged alphabetically are in the ledger of McGrath Corporation at December 31, 2011. Common Stock ($10 stated value) $1,500,0
what is implication wrongly application of accounting concept#
The 31st December 2009 trial balance of Anika Co. reported the following information. Dr. Cr. Allowance for Bad Debts........................... $2,300 During the year 2010 t
Q. What is Estimated useful life? The estimated useful life of an asset is the approximate time that a company can use the asset. Useful life is estimation not an exact measure
My sister considers Will Smith a _____ actor than Sean Penn. (Points : 2) more better best better
Workers compensation insurance Workers compensation insurance provides protection for employees who suffer a job-related illness or injury. Entire cost is generally paid by t
decrease in assat & decrease in capital
State about the Reporting sales taxes collected SALES TAX PAYABLE - CREDIT BALANCE SALES RETURNS INVOLVING A SALES TAX Tax should also be returned to the customer.
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