The principles upon which preparation of accounting records are based, which are universally acceptable is Posted on:
The document that shows the transfer of goods and/or provision of service between two or more parties for which payment is yet to be received is Posted on:
A book of original entry used to record all goods sold and services rendered on credit to a third party in the order in which they occurred irrespective of the amount involved. Posted on:
A subsidiary book of account used to record all goods bought and services received on credit from a third party in the order in which they occurred irrespective of the amount involved Posted on:
Every business organization is expected to keep one of the following accurately and in an orderly manner. Posted on:
The book used in recording goods previously sold to customers but were later returned by the buyer to the seller is Posted on: