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(also called final adjustments) adjustments the business makes to accounting entries at the end of the accounting period to ensure that the presentation of financial statements is accurate
(also called direct cost, prime cost or prime expense) expense linked directly to the...
a statement of debits and credits in a double entry account book to check mathematical accuracy...
First In First Out method whereby stock is issued in the order it is received.
system where the business pays the VAT to SARS only after it receives the money.