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Cash Book: It is one of the Subsidiary Book which is usually used by any business organisation to record all the cash transactions which helps to know the cash position as and when wanted. In it all the entries will be recorded. Commonly the cash book can be balanced once in a month.
Day Cash book: It is the book handled by accountant to record all the cash transactions with takes place during the day (it can be receipt /payment). At later stage these will be posted into cash book.
General Ledger : Whereas preparing Trial balance to check the arithmetical accuracy, sometimes the debit and credit balances may not tally, to make the process simple the accountant will open an account named General Ledger to post the entries which r causing balancing problem.
What is uses of Purchases journal Purchases journal (SPECIAL JOURNAL) Used to record only credit purchases of merchandise-may be only one column which is posted to two accou
At the reception it is decrypted and actual data is obtained. Explain the different methods of encryption technique
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how can i determine the total debt of a commercial bank? Which financial statement do i need to look?
A swap valuation method which involves summing and computing the present value of each and every future net settlement and would be required by the contract terms either future s
Debenture holder are those who gives long term loan at specific interest rate in term of cas. Creditor gives only short term credit in term of cash for purchasing of goods.
the consequences of non-compliance of each of the accounting concepts.
Pro forma Financial Statements In accounting, a financial statement in which the amounts begin are fully or partially estimates; from the Latin for "as a matter of form."
State and local income taxes Some states also withhold state income taxes. Texas doesn't. If state withholds taxes, there will be form similar to the federal one to determine t
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