Prepare the journal entry of the following under principles of double entry and accrual accounting. ABC...
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Prepare the journal entry of the following under principles of double entry and accrual accounting. ABC company has done the purchase transaction in credit as follows: Date Item Quantity Price : 1st August 2022 : Toshiba Laptop (Fixed Asset) : 10 : $1000 per laptop The company return the following purchase: Date Item Quantity : 30 August 2022 : Toshiba Laptop (Fixed Asset) :2 Prepare the journal entry of the following under principles of double entry and accrual accounting. ABC company has done the purchase transaction in credit as follows: Date Item Quantity Price : 1st August 2022 : Toshiba Laptop (Fixed Asset) : 10 : $1000 per laptop The company return the following purchase: Date Item Quantity : 30 August 2022 : Toshiba Laptop (Fixed Asset) :2
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Related Book For
Financial Accounting
ISBN: 978-1259103285
5th Canadian edition
Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, M
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