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Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275 Exercise 18
Refer to the chapter's opening feature about Aimi Duong and her company, Oimei Company. Her company deals with numerous suppliers and customers.
Required
1. Identify the special journals that Oimei Company would be likely to use in its operations. Also identify any subsidiary ledgers that it would likely use.
2. Assume that Oimei Company hopes to double yearly sales within five years from its current $1 million annual amount. Assume that its sales growth projections are as follows.
Required
1. Identify the special journals that Oimei Company would be likely to use in its operations. Also identify any subsidiary ledgers that it would likely use.
2. Assume that Oimei Company hopes to double yearly sales within five years from its current $1 million annual amount. Assume that its sales growth projections are as follows.
Explanation
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Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
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