'Credit sale' presentation slideshows

Chapter 8--Learning Objectives

Chapter 8--Learning Objectives 1. Understand the composition and control of cash What is cash ? What is cash ? For accounting purposes, cash includes: Currency and coins (including petty cash) Demand deposits (checking accounts) Checks, drafts and money orders

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Selling a Product or a Service

C H A P T E R 6 Selling a Product or a Service Learning Objective 1 Understand the three basic types of business activities: operating, investing, and financing. Always associated with the primary activities of the business. Major Activities of a Business Operating Activities:

985 views • 54 slides

Chapter

Chapter. 7. Skyline College. A service business is a business that sells services. . A merchandising business is a business that sells goods purchased for resale. . A manufacturing business is a business that sells goods that it has produced. . The three types of business operations are:.

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Chapter 7

Chapter 7. Deductions and Losses: Certain Business Expenses and Losses. The Big Picture (slide 1 of 2). Martha is nearing the end of a year that she would like to forget. Several years ago she loaned a friend $25,000 to enable him to start a business.

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Practical System of Accounting : Cash Book

Practical System of Accounting : Cash Book. INTRODUCTION. All the transactions are first entered in the journal in the order in which they occur and from the JOURNAL they are posted to the respective accounts in the ledger.

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Year 12 Accounting

Year 12 Accounting. Chapter 17 Budgeting. Budgets.

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Outline: Chapter 23 Accounts Receivable and Inventory

Outline: Chapter 23 Accounts Receivable and Inventory. Receivables, Inventory, and the Firm Importance of receivables and inventory Size of accounts receivable Credit and Collection Management Terms and conditions of sale International purchases and sales Credit analysis Credit decision

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Chapter 5

Chapter 5. Accounting for Merchandising Operations. Objectives:. To distinguish a service company from a merchandising company. To learn how to account for inventory purchase and inventory sale under a perpetual inventory system.

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Motor Vehicle Advertising Legislation

Motor Vehicle Advertising Legislation. Consumer Protection Office Manitoba Justice October 10, 2017. Defining Advertising. "advertisement" means an advertisement placed by a motor vehicle dealer to induce a trade in a motor vehicle. Does not currently include manufacturer advertisements

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Chapter 6 Reporting and Interpreting Sales Revenue and Accounts Receivable

Chapter 6 Reporting and Interpreting Sales Revenue and Accounts Receivable . Acct 2301 Zining Li. Key Terms. Sales revenues Sales returns Sales discount ( 2/10, n/30) Credit card discount All of these three are contra-revenue accounts Accounts receivable

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Merchandising

Merchandising. 6. Merchandisers need additional accounts . Learning Objectives Describe selected merchandising activities Account for the purchase and sale of merchandise inventory Account for purchase and sales returns and allowances. Income Statement Service vs Merchandising.

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Commercial Law

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Principles of Business Law

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Theme 3 : Remedies for Breach of Contract

Theme 3 : Remedies for Breach of Contract. Remedies. By operation of Law Specific performance Natural remedy... Leads to fulfilment of the contract. Cancellation Drastic remedy... Nullifies the original contract. Damages Combination remedy... Applied in combination with above remedies.

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Source Document

Source Document. A source document is any business form that serves as the original source of information that a transaction has occurred. Cash Sales Slips. Prepared for all cash Sales by a business. Cash Sales Slips. Sales Invoices. Completed by Seller and given to buyer as a record

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Year 12 Accounting

Year 12 Accounting. Chapter 17 Budgeting. Budgets.

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