AE for Credit Sales
Trending Questions
Q.
How will you show interest on drawings in accounting equation ?
Q.
Which of the following accounts will be used in equation, if the goods are sold on credit to Mr. Mahmood?
Cash & Capital
Accounts receivable & capital
Accounts receivable & cash
Accounts payable & capital
Q.
how would adjusted purchases appear in the sums if its given in trial balance.if also opening stock is given in the same trial balance should we account for it , y?
