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What are the similarities and differences between Columbus and las casas log entries?
Both Columbus and Las Casas wrote detailed log entries about their experiences during the Spanish colonization of the Americas. They both documented encounters with indigenous peoples and described the landscapes they encountered. However, Columbus tended to focus more on the potential for wealth and conquest, while Las Casas was more critical of the treatment of indigenous peoples and advocated for their rights.
What is the works of an accountant?
Basically accounting is just four steps- summarizing, classifying, analyzing & interpreting . After the book-keeper records the entries,an accountant has to summarize them then classify as revenue or capital then analyze them and finally interpret their meaning.
What is the difference between adjusting entries and correcting entries?
Correcting entries correct errors. Adjusting entries fine tune the accounts.
What comes first closing journal entries or post closing entries?
Closing entries comes first as name shows post closing entries are after closing entries and it is as simple as name suggests.
What is the difference between journal entries vs adjusting entries?
Journal entries are recorded as soon as financial transaction occures while adjusting entries are made to rectify the previously made journal entries.
Adjusting entries help to achieve the principle?
Adjusting entries helps to achieve the principle of double entries
What is a journal voucher?
The entries such as "Rectification Entries", "Adjustment Entries", "Closing or Opening Entries" and Making or Providing for estimates are passed through an internal document called Journal Voucher. Book Entries are classified as: 1) Purchase Order Based Entries - Booking expenses and liability via GRN against a P.O 2) Sales Order Based Entries - Booking Sales & Scrap Sales 3) Treasury Entries - Entries involving Bank or Cash 4) Debit Notes 5) Credit Notes 6) Journal Entries Journal Voucher is the document through which the Journal Entries are made into the books.
How do the adjusting entries differ from othe journal entries?
Journal entries are those entries which are recorded first time when any transaction occured while adjusting entries are only recorded when there is any adjustment required in previously created journal entry.
What is adjustment entries?
Adjusting entries are journal entries which are normally made to allocate income or expenditure to the accounting period in which they actually occured.
What are the different entries found in dictionary?
identify the different entries about dictionary
How do you do adjusting entries?
You adjust the entries by crediting the income and debiting the expenditures.
The default alignment for text entries is what?
text entries are left aligned
