Chase example sentences

Thus, if market value of the goods purchased has fallen down, the stock will be shown at cost price in the books but if the market value has gone up, the gain is not to be recorded until the stock is sold.Secondly, the company can purchase them when they are available in market at a discount.It is interpreted as the quantity of domestic goods required to purchase one unit of a given basket of foreign goods.The profits earned by consumer cooperative stores during a year are utilised for declaring bonus to members according to purchases made by them and for strengthening the general reserves and general welfare funds or similar funds for social and educational benefits of the members.But now, the costly new machines could be purchased, set up and maintained in the mill.In order to start business, funds are required to purchase fixed assets like land and building, plant and machinery, and furniture and fixtures.Missing figureures about purchases, sales, debtors and creditors can be obtained by preparing proforma accounts of debtors, creditors, bills receivable and bills payable using the logic of double entry system.In case of the whole business being taken over if the amount of debentures issued is more than the amount of the net assets taken over, Its difference (excess) will be treated as value of goodwill and the same shall also be debited while passing the journal entry for the purchase of vender's business (see Illustration 10).Moreover most purchases in the market are small retail sales.Purchase the investments equivalent to the fixed amount of profit set aside and the interest earned every year except last year (year of redemption).But in case stock of stationery (opening and/or closing) is given, the approach would be make necessary adjustments in purchases of stationery and work out cost of stationery consumed and show that amount in Income and Expenditure Account and its stock in the balance sheet.) If you re going to chase them one by one, you won t catch very many.The format of the sales journal is similar to that of the purchases journal explained earlier.When we purchase, we may not be aware of the chain of markets through which these goods travel before they reach us.Trade credit facilitates the purchase of supplies without immediate payment.