I need the answer as soon as possible | ZAV OイMOイ3 al Asiacel1 pointIn order to find out the value of the closing stock during the end of the financial year we,deduct the cost of goods sold fromsaleslook in the stock accountdeduct opening stock from the costof goods solddo this by stocktaking1 pointSales made to Ahmed on credit should bedebited to.Account Receivable-AhmedAccount ReceivableCashSales1 pointAll of the following are true regarding journal

In order to find out the closing stock at the end of the year this can be done by stock taking at…

Answered: deduct opening stock from the cost of…

deduct opening stock from the cost of goods sold do this by stocktaking 1 point Sales made to Ahmed on credit should be debited to. Account Receivable-Ahmed Account Receivable Cash O Sales 1 point

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 5E: Multiple-Step and Single-Step In coin Statements The following items were derived from Gold...

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Question

I need the answer as soon as possible

| ZAV O
イMOイ
3 al Asiacel
1 point
In order to find out the value of the closing stock during the end of the financial year we,
deduct the cost of goods sold from
sales
look in the stock account
deduct opening stock from the cost
of goods sold
do this by stocktaking
1 point
Sales made to Ahmed on credit should be
debited to.
Account Receivable-Ahmed
Account Receivable
Cash
Sales
1 point
All of the following are true regarding journal

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