Accounting

There’s many different ways that companies handle their inventory. Overall it depends on what kind of business it is. For example, a food manufacturer who…

1.1Introduction: Accounting is concerned primarily with the measurement and communication of financial information to aid decisions and control in a variety of business and other…

Introduction Cost Volume Profit analysis (CVP) is one of the most hallowed, and yet one of the simplest, analytical tools in management accounting. In a…

Ans.: There are two items effect owners equity 1) Revenue   2) Expense. 1) Revenue: Revenue is the inflow of assets arising out of sale of…

Introduction: Background of the report: Banking service in Bangladesh is characterized as a highly competitive and highly regulated sector. With a good number of banks…

Ans.: According is termed as language of business it provides necessary accounting data and information. The type of financial information that a users requires depends…

Ans.:- The terms of assets, liabilities, Owner’s equity, Revenue, Expense and Drawings are expressed in brief: Assets: Goods and wealth measurable in terms of money…

Ans.: Accounting Equation: Double entry system of accounting is universally accepted. Loca paciali innovated this system in the written form double entry system double aspects…

Ans:  Accounting is an integral of two terms-Account & science. In it’s literal meaning ‘Account’ means ‘Counting’. Accountancy is an applied discipline. The system in…

This an assignment focus on Debits and Credits. Debit is an entry in the financial books of a firm that increases an asset or an expense…

Introduction In this free online accounting lesson we define a T-account, debit, credit and account balance. We then talk about double entry bookkeeping system and…

Introduction Double-declining method is used to record higher depreciation expense in the earlier stages of an asset’s life and respectively lower depreciation expense as the…