The Accounting Process

The Accounting Process

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Cash discounts availed of by the customer are referred to as Sales Discounts. ... Cash Receipts Journal - which is used to record receipt of cash from all sources. 2. ... Hence, several persons may simultaneously process the accounting data.

Title:The Accounting Process
Author:Pefianco, Erlinda & Mercado, Rosario
Publisher:Goodwill Trading Co., Inc. -


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