ACCOUNTING RECORDS

ACCOUNTING RECORDS:- Accounting entries depend on the fact whether the business sends goods on sale or approval basis

(i) casually;

(ii) frequently; and

(iii) numerously. An overview of the accounting treatment for the goods sent on sale or approval basis can be depicted with the help of the  chart given below :



Demo Classes of Accounts (CA/CMA/CS/B.Com/11-12th) by CA/CMA Santosh Kumar Sir

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