1)what is accounting
2) What is difference between financial accounting and
cost accounting
3) What are the parts of financial statement
4) what is the difference between income statement and
balance sheet
5 ) sales 100,000 cost of goods sold 50,000 operating
exp 10,000 ( compute net income for the company
6) sales return 10,000 sales discount 25,000 net sales
200,000 ( compute the gross sales )
7 ) beginning inventory 10,000 total cost of purchases
200,000 ending inventory 50,000...