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Uses of Funds Flow Statement:
This declaration is extremely helpful for policy makers as it traces the movement of funds inside the organization. Various of the uses include the subsequent:
i) It make clear the financial cost of business operations by providing a whole picture of sources and applications of funds.
ii) It proceeds as an instrument for allotment of resources
iii) It measures the effectiveness of the management in utilizing the funds in the past
iv) It is a examination as to effective or otherwise use of working capital
v) It aids in useful decision making
Q. Example of adjusting entries? Regulate entries bring the amounts in the general ledger accounts to their proper balances before the company prepares its financial statements
Ordering inventory at a regular and set time interval
The use of ledger accounts A journal entry is similar to a set of instructions. The execution of these instructions is known as posting. Since stated earlier posting is recordi
data dictionary
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There is a point where stockholding costs are equivalent to ordering costs
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