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State the list of Special journals
Purchases - All credit purchases of merchandise
Cash Payments - All payments of cash
Sales - All credit sales of merchandise
Cash Receipts - All receipts of cash
General - All transactions not in a special journal
example of increase asset, decrease owner equity
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.
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
It dates from the development of huge scale business and the advent of Joint Stock Company as a form of business that enables the public to participate in giving capital in return
The two fundamental sources of equity in a company are stockholders and creditors their combined interests are called total equities. To discover the equity ratio divide stockholde
A light truck is purchased on January 1 at a cost of $27,000. It is expected to serve for eight years and have a salvage value of $3,000. Calculate the depreciation expense for t
what are the basics of accounting
The type of accounting concerned with providing information and analyses to managers within the organization is referred to as
the books of deven verma could not be tallied.the accountant transferred the difference of Rs.1270 in the suspense account on the debit side the following mistakes were found later
What does receiving a bid do to your business records?
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