Want this question answered?
sure it is
If extraordinary loss is on a/c of furniture & fixtures, then instead of crediting purchases, furniture & fixtures should be credited.
Yes it is, fixtures and fittings are usable for more than one fiscal year that's why these are fixed assets.
It is an asset.
Compound journal entry is that entry which records more than one business transaction in one single journal entry.
om a fixtures are the screws
sure it is
If extraordinary loss is on a/c of furniture & fixtures, then instead of crediting purchases, furniture & fixtures should be credited.
Yes it is, fixtures and fittings are usable for more than one fiscal year that's why these are fixed assets.
It is an asset.
What about them? Too vague
Compound journal entry is that entry which records more than one business transaction in one single journal entry.
There is no journal entry for forecasting sales rather journal entry is made for actual sales when they occur.
never heard of the fittings,now you can run 2 fixtures off that line,not fittings
non current
Kohler is a brand of faucet fixtures
Recording of a transaction in an accounting journal, such as the General Journal. The journal entry has equal debit and credit amounts, and it usually includes a one-sentence explanation of the purpose of the transaction is called journal entry.