Sales and Purchases, Debtors and Creditors



Chapter 6 was concerned with accounting for the fixed assets which a firm needs to carry out its operations. Chapters 7 and 8 were concerned with various aspects of accounting for stock. The acquisition of a firm’s assets and stock are necessary to enable the firm to generate sales. The purpose of Chapter 9 is to explain the accounting issues related to sales, and to deal with some aspects of accounting for purchases.


Personal Account Control Account Credit Transaction Cash Receipt Cash Sale 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Arthur Hindmarch and Mary Simpson 1991

Authors and Affiliations

There are no affiliations available

Personalised recommendations