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Limitation of the Financial Accounting.
There much limitation can be considered in case of the Financial Accounting but here we are discussing the main two limitations
It records only financial transaction, it is limited to the financial transaction only, and for example other things which are not having any money value are not recorded in the books of accounts.
Estimation Limitation: Accounting doesn’t produce the exact result due to sometime few transaction contains the estimation for example Depreciation on estimated life of the assets and bad debts provisions etc.
Unique solution in accounting
uses in marketing
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Allocation surrounding to accounts An aspect of a lump-sum appropriation that is specific for expenses by particular government models and/or for particular requirements, actions,
Method of least squares
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what are its objectives and limitation?
The company acquired 50000 8% preferencd shares (with a par value of R4 each) in cross limited on 30 june 2006 for R180000.
causes of each component
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