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Establish company and nvest 1000 USD equity Purchase plain T-shirts for 4 USD Fixed screen cost of 250 USD Variable print cost of 0.65 per
Establish company and nvest 1000 USD equity
Purchase plain T-shirts for 4 USD
Fixed screen cost of 250 USD
Variable print cost of 0.65 per T-Shirt
Sold 15 T-shirt at 10 USD each for cash
Sold 15 T-shirts at 10 USD each on credit
If it is possible please show us cash and accrual accounting case illustration via financial statements, if not explain why?
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, George Foster, Srikant M. Datar, Howard D. Teall
4th Canadian Edition
0131971905, 978-0131971905
