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The process of adjusting the bond interest expense account for any premium or discount is called amortization of the premium or discount
Split common stock 4 to 1 and reduced PAR from $80 to $20. After the split there were 600,000 shares.
Comprehensive Problem in Trial Balance Cash $ 26,470 A/R 14,222 Office Supplies 4,298 Prepaid Insurance 23,137 Equipment 131,495 A/D - Equipment $19,096 Accounts P
After the closing entries are posted to the ledger, each revenue account will have a zero balance: a. a zero balance, b. a debit balance, c. a credit balance, or d. either a debi
what would be the entry for-"rent recieved in advance"
Determine the terms of Recording sales of merchandise The SALES ACCOUNT is a temporary account with a normal credit balance. It's ONLY used to record sale of merchandise on
Ordering inventory at a regular and set time interval
i dont undrstnd t concepts of assets and liabilties n also journal entries thnks
Q. Uses of journal in accounting? Organizing journal entries in a computerized system is different than in a manual system. The computer usually asks for the number of the acco
The net cash provided by operating activities is affected by
Liquid Extracts Company makes a line of fruit extracts for home use in making wine, jams and jellies, pies and meat sauces. Fruits enter the production process in pounds; the prod
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