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Primary books of accounts are those books in which business transactions are recorded at first, i.e., journals - special journals as well as general journal.
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What is primary working capital?
Accounts Receivable + Inventory - Accounts Payables. (excludes prepaid expenses and accrued liabilities)
Independent branch accounts?
It is a branch which had able to prepare its own accounts on its books then we say that is an independent branch. Accounts prepared by it is technically called as independent branch accounts.
What happends when recording a journal entRy?
When recording done as journal entry any business transaction is recorded in books of accounts and become part of business books of accounts.
If the accounts receivable turnover ratio is decreasing accounts receivable will be on the books for a longer period of time?
180 days.
Do most businesses periodically remove bad accounts from their books?
True
What is the definition of firsthand accounts?
primary source
What is Hinduisms primary book?
primary books of hins are 4 Vedas. Other primary books are Mahabharata, Ramayan & Bhagwat Geeta.
What is the primary conflict between these two accounts of slavery?
This is homework and you need to write the answer. Wiki will not help you cheat.
What is primary capital?
Accounts Receivable + Inventory - Accounts Payables. (excludes prepaid expenses and accrued liabilities)
What is primary work?
Accounts Receivable + Inventory - Accounts Payables. (excludes prepaid expenses and accrued liabilities)
How many years book of accounts preserve for?
Noramally books of accounts are preserved for five years
What is the message of the accounts of creation found in the books of Genesis?
I
What is primary working capital?
Accounts Receivable + Inventory - Accounts Payables. (excludes prepaid expenses and accrued liabilities)
Unlike a primary source a secondary source can be what?
Unlike primary sources, which provide first-hand accounts, secondary sources offer different perspectives, analysis, and conclusions of those accounts.
Independent branch accounts?
It is a branch which had able to prepare its own accounts on its books then we say that is an independent branch. Accounts prepared by it is technically called as independent branch accounts.
What happends when recording a journal entRy?
When recording done as journal entry any business transaction is recorded in books of accounts and become part of business books of accounts.
Proforma invoice enter in accounts books its possible?
It is possible to enter a proforma invoice in account books. However, it is not required, because a proforma invoice is not considered as an accounts receivable.
