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Where to find equity in accounting?

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Where are preliminary expenses shown in the financial statements?

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Is Inventory a current asset?

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How to calculate provision for discount on debtors?

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How to calculate days sales outstanding, any example?

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What is the meaning of assets have debit balance and liabilities have credit balance?

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What is the difference between cost center and cost unit?

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What is the meaning of credit balance of trading account?

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Is debit balance positive and credit balance negative?

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Can you please share a list of current assets & current liabilities?

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Is prepaid expense a fictitious asset?

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Can depreciation be charged in the year of sale?

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Can assets have a credit balance?

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Why is debit written as Dr and Credit written as Cr?

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How is accumulated depreciation shown in trial balance?

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Why are subsidiary books maintained in accounting?

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Return inwards and Return outwards are deducted from?

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