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Shareholders and Investors: as shareholders and the other investors have invested their wealth in a business activity, they are interested in understanding periodically regarding the profitability of the enterprise, the growth prospects of the enterprise and the soundness of their investment. In history, business accounting was developed to provide information to those who had invested their funds in the enterprises of business.
format of the account
What is accounting process?
Explain about the Management accounting Management accounting has also changed by becoming more outward looking in its focus. In past, information provided to managers has bee
Which statements about marginal costing are correct? 1. The marginal cost of a product involves an allowance for fixed overheads. 2. The marginal cost of a product presents t
Q. Show Transactions affecting the income statement? To continue to exist a business must be profitable. This signifies that the revenues earned by providing goods and services
Define Accounting. Briefly explain the accounting concepts which guide the accountant at the recording stage.
Q. Explain business entity concept? Suppose for instance that you own two businesses 1) a physical fitness centre and 2) a horse stable. As per to the business entity concept y
list me all the asset in the world?
When does something that is a debit becomes a credit?
untangible assets
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