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Benefites of Management accounting information
To obtain this benefit, businesses have become more 'customer driven' (which is, concerned with satisfying customer needs). This has led to management accounting information which provides details of customers and market, like customer evaluation of services provided and market share. Additionally, information about costs and profits of rival businesses that can be used as 'benchmarks' by which to gauge competitiveness, is gathered and reported.
Accounts payable subsidiary ledger Accounts are designed to show balance owed to every creditor. Liability accounts generally have credit balances. Accounts are not assigned nu
A)Guerrero Company occupied in the following events during 2012: 1. Began operations by issuing common stock to investors for $40,000 cash 2. Given services to customers on a
A company uses 85 circuit boards a day in a manufacturing process. The person who orders the boards follows this rule: Order when the amount on hand drops to 625 boards. Orders are
1. (a) Define Accounting. Briefly explain the accounting concepts which guide the accountant at the recording stage. (b) "Ledger is said to be the principal book entry and the t
What is accounting process?
began his business with equipment valued at $40,000 and place $400,000 in the business checking account. what are the accounts affected?
Q. Financial statements in European countries? In a few European countries the financial statements contain secret reserves. These secret reserves occur from a company not repo
what is the basic meaning of debit and credit
my unadjusted balance is not the same under credits and debits? And I can''t figure what went wrong.
When buying an owner operated business from a franchised organization is the previous store manager''s salary discretionary?? can they count that as net income to the new owner op
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