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KE

Slater, Jeffrey, "College Accounting: a Practical Approach" 7th ed,

(Prentice Hall, 1998).
Nikolai & Bazley, " Intermediate Accounting", 8th ed, (South Western
College Publishing, 2000)

Purchases
Purchase Returns and Allowances
Purchase Discount
Trade Discount
Cash Discount
Freight in Expenses
Net Purchases
Sales
Sales Returns and Allowances
Sales Discount
Net Sales
Cost of Good Sold
Petty Cash
Reconciliation of Bank Statement
Trading Securities
Heldto-Maturity
Available-for-Sale
Account Receivable
Double Debts Allowance
Bad Debts
Promissory Note
Bill of Exchange
Perpetual Inventory

Periodical Inventory
Specific Identification
Average Cost
First in- First Out (FIFO)

EF

Last in- First Out (LIFO)

Cost or Market Price Whichever is
Lower
Fixed Assets

Useful Life

Salvage Value

Depreciation Methods
Units-of- Output Method

Straight Line Method

Double Declining Balance

Sum-Of- the years Digits Method

Short -Term Liabilities
Long -Term Liabilities
Accounts Payable
Notes Payable
Returnable Deposits
Subsidiaries

..................................................................................................................................................................
................................................................................................................................................................
. ! .......................................................................... W
........................................................................................................................ PurchasesW
................................................................................................................................................ EF
....................................................................................................................................... W
................................................................................................................................................ EF
................................................................................................... W
................................................................................................................................................. EF
. ! ........................................................................................W
- - ............................................................................................................... W
- - ............................................................................................................................................ EF
- - ..................................................................................................................... W
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- - ............................................................................................................. W
- - ........................................................................................................................................... EF
- - .................................................................................................................................... W
- - ............................................................................................................................................. W
- - ......................................................................................................................... Bad DebtsW
- - ........................................................................................................................ W
- - ................................................................................................................................................
- - ............................................................................................................................... W
- - ................................................................................................................ Promissory NoteW
- - ................................................................................................................... Bill of ExchangeW
- - .................................................................................................................... W
- - .................................................................................................. W
- - ..................................................................................................................................... W
- - .............................................................................................................................................. EF
- - ........................................................................................................................... W
- - ........................................................................................................................................... W
- - ............................................................................................................................. W
- - ................................................................................................................. W

- - ........................................................................... W
- - ........................................................................................................................... W
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- - ........................................................................................................................................... EF
- - ......................................................................................................... W
- - .................................................................................................................................. W
- - .................................................................................................................... W
- - ........................................................................................................................................... EF
- - ...........................................................................................................................................
- - ...............................................................................................................................................
- - ...........................................................................................................................................