solved questoin of account, Accounting Basics

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want a question of general jouranal , t account ,traial balance , income statement and balance sheet

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Accounting , Jim owns and manages a small business, which provides an offic...

Jim owns and manages a small business, which provides an office design service, as well as buying and selling office furniture. Jim is a sole trader who manages all aspects of the

What is accounts receivable, Q. What is Accounts receivable? Accounts r...

Q. What is Accounts receivable? Accounts receivable as well called trade accounts receivable are amounts owed to a business by customers. An account receivable occurs when a co

Accounting policies for credit losses, Because of the large number of accou...

Because of the large number of accounting scandals that involved misclassification on the balance sheet, FASB has paid particular attention to classification of cash and receivable

What do you understand by deferred income, Q. What do you understand by Def...

Q. What do you understand by Deferred income? Deferred income -- a liability which arises when a company is paid in advance for services orgoods that will be provided later. Fo

Debtors play its role in accounts receivable, Debtors are the major role of...

Debtors are the major role of the business. He is the whole back bone of the business. The goodwill of the concern is in the hands of debtors because he is the person who takes our

Prepare the adjusting journal entries, Prepare the Adjusting Journal Entrie...

Prepare the Adjusting Journal Entries The ledger of Casper Consulting at January 31, 2011 includes the following selected accounts: Casper's accountant is inexperienced, an

Ryan''s express has total credit sales, Ryan's Express has total credit sal...

Ryan's Express has total credit sales for the year of $178,000 and estimates that 3% of its credit sales will be uncollectible. Record the end-of-period adjusting entry on Decemb

A store receives $400 cash after offering a chain discount, A store receive...

A store receives $400 cash after offering a chain discount of 10/10/5 on a good. What was the list price? A. $492.20 B. $519.82 C. $533.33 D. $612.00

Describe the functions and limitations of accounting, 1. Describe the follo...

1. Describe the following with detailed example: i. Wealth Maximization ii. Profit maximization 2. Describe the functions and limitations of accounting. 3. Prepare a deta

Define tds and sale tax retrun?, TDS (tax deducted at sources) .The person ...

TDS (tax deducted at sources) .The person whereas making payments of income,covered by the scheme are responsible to deducted TDS and deposite the similar in goverment treasury  wi

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