The term “Cost Unit” can be defined as a unit of product or service in relation to which costs are ascertained. As an example cost unit for a mobile …
A cheque is a negotiable financial instrument we use to settle payments. A cheque can be lost, stolen or the signature of payee can be done by someone else …
Capital Gearing Ratio Capital gearing ratio is using to analyze the capital structure of a company. …
Basic objectives Financial reporting should be rich with information that is Useful to provide information to potential investors and creditors and other …
These are the broad basic assumptions under which financial statements are prepared and these principles are used by the entire profession in preparing …
Financial accounting is concerned with providing financial information about the company’s performance. Management accounting is concerned with generating …
This tutorial is going to explain you all about how the balance sheet elements are formed and formula to calculate capital is formed. Story is named is …
Accounting information helps every department in an organization and use of accounting information can be summarized as follows: Marketing/Sales Department …
There are many objectives of maintaining a financial accounting system in an organization and they can be explained as follow: Help in Management Decision …
There are 04 types of costing methods that can be identified namely Job Costing Batch Costing Contract Costing Process Costing These types of costing methods …