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ACC101 Fundamentals Of Accounting  

Pages : 2 | Type : Essay

Answer: Part A Australia Enterprise General Journal Particulars Debit ($) Credit ($) Prepaid rent a/c 12000   Cash a/c   12000       Supplies a/c 300   Trading a/c   300       Plant & Equipment a/c 9000   Cash a/c ...

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userWritten By : Mark     postPosted On : Dec 08, 2020     downloadDownload : 0
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ACC101 Fundamentals Of Accounting I  

Pages : 8 | Type : Essay

Answer: Case one  1. International financial reporting standard (IFRS)  IFRS (International financial reporting standard) are the set of IAS (international accounting standards) that states the way in which particular transaction type and various other standards shall be reported under financial statements. IASB (international accounting standards board issued the IFRS and exactly specified the way in which the accountants sha...

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userWritten By : Mark     postPosted On : Feb 18, 2021     downloadDownload : 0

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ACC101 Fundamentals Of Accounting  

Pages : 3 | Type : Essay

Answer: Using the following information, make the necessary adjusting entries. (12 mark) Rent of office premises of $1,216 for the 4-month period ending 30 August is due to be paid in July. Rent A/c…. …Dr 608   To Rent Payable  A/c   608 The Supplies account had a $600 debit balance on 1 July of the preceding year. Supplies costing $1,400 were purchased during t...

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userWritten By : Mark     postPosted On : Apr 22, 2021     downloadDownload : 0

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