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Q. What is Posting reference column?
This column demonstrates the account number of the debited or credited account. For example in Exhibit 8 the number 100 in the first entry means that the Cash account number are 100. No number become visible in this column until the information has been posted to the appropriate ledger account. We confer posting later in the sections.
i dont undrstnd t concepts of assets and liabilties n also journal entries thnks
#Please complete the following 7 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculatio
Credit what comes in. Debit what goes out.
who are sole traders
061689 bussines accounting and you All i need detail how to do it i watch video but im not understanding if anybody have more specific explanation details
in cash flow statement, deductions from cash expences and payments to creditor. how do you get this answer
application/realization in history of accounting
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
For earnings management, is impairment of goodwill easier to manipulate than impairment of PPE?
A business may perhaps engage in thousands of transactions during a year. An accountant summarizes and classifies the data in these transactions to create useful information.
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