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What is COVER payment?
How the Fund flow statement is different from Cash flow statement.
what is the basic function of accounting?
What is the accounting treatment in the hands of reciever of bonus share or share recived due to demerger or share split.
what is capital market?
dada proposed to start a business. He had only N10,000 which was not enough to start the business, he got a loan of N10,000 from his bank
TDS ENTRIES IN THE HANDS OF PAYER & PAYEE
If we (Company Side) call a engginier (supplier) for Repair & Maintenance & arrange loading & boarding for him, then this loading & Boarding expens will be booked in Repair & Maintenance or Entertainment.
42. G.Simkins sends back stock to J.J. Fabrics (a supplier), having originally purchased it on Credit. J.J. fabrics issued a Credit note for the value of these goods. In simkinsā books, the double entry for this transaction should be. a) Debit : J.J. Fabrics; Credit purchases b) Debit : purchases; credit J.J. Fabrics c) Debit : J.J. Fabrics; credit purchase returns d) Debit: purchases returns; credit J.J Fabrics.
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