On December 31, 2007, Deal Inc. failed to accrue the December 2007 sales salaries that were payable on January 6,2008. What will be the effect of the failure to accrue sales salaries on the working capital and cash flows from operating activities in Deal's 2007 financial statements? Working Capital Cash Flows from Operating Activities

What should be submitted to the VAT authorities to obtain a refund of VAT?

What is the standard sales tax rate used?

Under which head does VAT reflect in the Balance Sheet?

Under which head does VAT reflect in the Balance Sheet?

If a prepaid expense is expiring (the final month is expensed), and the company has not received an invoice for the upcoming prepaid period, the accounting should:

True of False? For a specific company, an invoice is usually used externally and a voucher is used internally.

If your company is offering your customers a 2/10 net 30 discount, what does this mean?

Why is automation of accounts payables a significant technological landmark?

What role does technology serve in the auditing of accounts payable?

Suppliers are also referred to as __________.