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TYPES OF FINANCIAL ANALYSIS
a) According to the material used, the study can be -
i) External analysis: Where analysis is done by exterior interested parties and
ii) Internal analysis: Where study is done by inner parties
b) According to the modus operandi of the study, the study can be -
i) Horizontal analysis: Where every single item in the declaration is analyzed over a numeral of years, so that its trend is known and
ii) Vertical analysis: Where a variety of items in a exact year's statement are analyzed so that inter relationships are understood.
On Aug 14th, One of our Partner's ( Compuville ) cash book showed a debit balance of $4,000.00. His bank statement showed a balance of $4,270.00. On comparison the following we
illustrate business cycle with reference to a retail trader which does business on a cash basics
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at the end of May he has a voucher for expenditure of $270 and a balance in hand of $30. explain what the imprest amount is
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Determine the Income Statement columns of Worksheet Income Statement columns of the worksheet would comprise the amounts from Adjusted Trial Balance columns which are expenses
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