what is sharesplit and types of it explain?
Answer Posted / sricharan babu m
The words share split and stock split are same meaning.
Types are Stock split and Reverse split.
i had given answer to Previous question stock split
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Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar
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