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ACCT 201 Saudi Electronic University Basic Assumptions that Underlie Financial Accounting Essay
On June 3, Company A sold to Company B merchandise having a sale price of SAR 2,000 with terms of 2/10, n/60. On June 12, the company A received a ch the balance due from Company B. Prepare the journal entries on Company A books to record the sale using the gross method.
explain five basic assumption that underlie financial accounting
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