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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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| 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
Transcribed Image Text:| 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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