Abstract
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.
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© 1991 Arthur Hindmarch and Mary Simpson
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Hindmarch, A., Simpson, M. (1991). Sales and Purchases, Debtors and Creditors. In: Financial Accounting: An Introduction. Palgrave, London. https://doi.org/10.1007/978-1-349-21765-6_9
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DOI: https://doi.org/10.1007/978-1-349-21765-6_9
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-54731-1
Online ISBN: 978-1-349-21765-6
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)