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What is the cardinal rule of the double entry system?
April 29, 2022
The equity capital of a business would change as a result of:
April 29, 2022
The accounting equation can be rewritten as
April 29, 2022
Which of the following provides the correct formula to find the drawings of the proprietor of a business during a given period?
April 29, 2022
The equity capital of a business would change as a result of:
April 28, 2022
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CHAPTER
An Introduction to Business and Accounting
CONTENT
Accounting
BOOKKEEPING
EXAMPLE
BALANCE SHEET SIMPLE
INCOME STATEM SIMPLE
EXERCISE
Category
QUESTION-1
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Mr A purchased goods on credit from Mr B but then returned them as they were faulty.
April 29, 2022
What is the cardinal rule of the double entry system?
April 29, 2022
The equity capital of a business would change as a result of:
April 29, 2022
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PRACTICAL ACCOUNTING QUIZ
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March 25, 2022
Financial Accounting
For external users
Reports on past performance of business
Based on historical data
Reports on the entire organization
Need to follow the guideline of the accounting standards
Required by regulator
PRACTICAL ACCOUNTING QUIZ
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Home
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CHAPTER
An Introduction to Business and Accounting
CONTENT
Accounting
BOOKKEEPING
EXAMPLE
BALANCE SHEET SIMPLE
INCOME STATEM SIMPLE
EXERCISE
Category
QUESTION-1
Random
A business purchases 10,000,000 KHR of goods on credit.
April 29, 2022
Mr A purchased goods on credit from Mr B but then returned them as they were faulty.
April 29, 2022
What is the cardinal rule of the double entry system?
April 29, 2022
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