describe in brief about the wholesalersthey buy
Describe in brief about the Wholesalers
They buy goods in bulk from manufacturers and sell them to retailers, other schools, wholesalers and other non-profit institutions, and sometimes directly to consumers.
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what is the change fundbusiness that have many cash transactions generally establish this fund which is an amount of money which is placed in the
establishing the change fund change fund asset is debited and cash is credited only time this fund would be used is if the fund is established or
explain the term- cash short and overthis account is used to record both a shortage and overage of cash in cash drawer when change is made during a
importance of the bank statementbank sends out bank statements each month its significant that this statement and checking account balance balances
describe in brief about the wholesalersthey buy goods in bulk from manufacturers and sell them to retailers other schools wholesalers and other
determine the purchasing proceduresalarge company would use a purchasing agent who heads purchasing department small companies would use managerowner
state about the trade discountspercentage reduction from list price of the merchandise these arent recorded in the accounting records of the seller
enumerate the term- cash discountsoffered to encourage prompt and early payment by buyer cash discounts are recorded in accounting records of both
how to figure the discount using calculator1 be sure that decimal selector is on 2 decimal places2 key in amount of the sale3 multiply by
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