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What machine inspired the double entry accounting method?
There is no record of a machine that inspired the double-entry accounting method. Records show that double-entry accounting was inspired by existing accounting practices at the time.
What is the accounting entries when goods are bought on credit?
The journal entry is the accounting entry which lists the goods that are bought on credit.
What is office maintenance in accounting?
What entry can we post to Office Maintenance Account in accounting
What is the basic summary device of accounting?
account or accounting equation
What is Provision for audit fees entry?
what is the accounting entry for provision for audit fees
What is the accounting treatment for IPO costs?
The accounting treatment for transaction costs are as deductible for equity range. Since the IPO is defined as the first issuance of equity. Accounting also treats transactions of cost for IPO as a merger accounting method.
Who introduces double entry accounting?
Double Entry Accounting is introduced by Lucas Paciolli
What machine inspired the double entry accounting method?
There is no record of a machine that inspired the double-entry accounting method. Records show that double-entry accounting was inspired by existing accounting practices at the time.
What is the meaning of summa de arithmeticageometria proportioni et proportionialita?
This is a Book written by Luca Pacioli. The founder fo Scientific Accounting, Double entry book keeping system.
Matching in accounting means to make an entry in the journal?
Matching" in accounting means to make an entry in the journal
What is the accounting entries when goods are bought on credit?
The journal entry is the accounting entry which lists the goods that are bought on credit.
What is the accounting entry for sales return under warranty?
The accounting entry for sales return under warranty is the accrued warranty liability. This entry is written under warranty expense.
What is the basic summary device of accounting?
account or accounting equation
What is office maintenance in accounting?
What entry can we post to Office Maintenance Account in accounting
What is Provision for audit fees entry?
what is the accounting entry for provision for audit fees
What is closing entry of asset?
closing entry of an asset means the adjustment entry we do on the last day of accounting year.
Why do you need to reverse a journal entry?
According to my understanding and my study in accounting, the reversal of journal entry merely is for the opening balances for a new year of accounting period
