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What accounts is used only at the close of the merchandising cycle?
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What accounts will only be found in the chart of accounts of a merchandising company?
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Two categories of expenses for merchandising companies are?
C.O.G.S. (Costs of Goods Sold) and Operating Expenses.The normal operating cycle of a service company includes the following steps :1. Perform services. 2. Accounts Receivable 3. Get cashThere are no goods involved. Only a service has to be performed,...
The post closing trial balance includes which nominal accounts only real accounts only all accounts listed in the chart of accounts or nominal accounts and real accounts?
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Are savings accounts reg cc regulated?
Regulation CC applies to all banks & credit unions, but it only applies to transaction accounts. Nontransaction accounts, such as savings accounts, CDs, share accounts or membership accounts, are not governed by Reg. CC. So Regulation CC does not apply to them; only to checking accounts.
Are the accounts in general ledger always arranged in an alphabetical order?
The liability accounts and expense accounts are the only ones arranged alphabetically.
What accounts will only be found in the chart of accounts of a merchandising company?
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What is the operating cycle of a merchandising company?
The normal operating cycle of a service company includes the following steps : 1. Perform services. 2. Accounts Recievable 3. Get cash There are no goods involved. Only a service has to be performed, thus no dependencies from suppliers etc. The operating cycle of a merchandising company has some additional steps 1.Buy inventory 2. Sell inventory 3. Accounts recievable 4. Get cash The goods have to be ordered from suppliers of wholesalers and stored. Then goods from inventory are sold.
Two categories of expenses for merchandising companies are?
C.O.G.S. (Costs of Goods Sold) and Operating Expenses.The normal operating cycle of a service company includes the following steps :1. Perform services. 2. Accounts Receivable 3. Get cashThere are no goods involved. Only a service has to be performed,...
Can a person who is not appointed executor but his attorney tells him to close out accounts?
He can if the accounts are joint accounts and he is the joint account owner. However, if he was the joint owner for convenience purposes only the other heirs should seek their share of the funds.
The post closing trial balance includes which nominal accounts only real accounts only all accounts listed in the chart of accounts or nominal accounts and real accounts?
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What is the connection of the tides are high when there is a fullmoon or a new moon to the lunar cycle?
The moon controls the tides using gravity. So it only depends on how close the moon is the the earth. The luna cycle has no effect.
What is the reproductive cycle that only that only a few viruses go through?
The lytic cycle is the reproductive cycle that only that only a few viruse.
Do the Obama girls have Twitter accounts?
No, only their parents have Twitter accounts.
Are savings accounts reg cc regulated?
Regulation CC applies to all banks & credit unions, but it only applies to transaction accounts. Nontransaction accounts, such as savings accounts, CDs, share accounts or membership accounts, are not governed by Reg. CC. So Regulation CC does not apply to them; only to checking accounts.
Are there sub accounts for Gmail?
No, there is only a main account. No sub accounts are present in Gmail. You have to work within a single account only.
What is the difference between accounts only and accounts with inventory in tally?
account only particular ledger ,account with inventory deals with item and groups of item In account only we cannot deals with stock entry ,But in accounts with inventory we can deal with stock entry . Account only deals with firm.But Accounts with inventory deals with manufacturing and trading.
What website can you talk to sleeping with sirens?
None unless they have stated otherwise. The only personal accounts they have are their Twitter accounts and Instagram accounts.
