Financial Statements
Financial Statements Financial statements are extracts from the accounting system. The typical set of financial …
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Single Entry System
Single Entry System The single entry system is a type of bookkeeping system, whereas only one aspect of a transact…
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Consignment Account B.Com Part 2
Consignment Consignment is a type of business arrangement where one person who is an owner e.g manufacturer, trad…
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Contact Account for B. Com
Contract Account Contact account is opened for each contract by a contractor to find any profit or loss on this contr…
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Depreciation
Definition of Depreciation It is a gradual decrease in the efficiency of assets expressed in monetary terms due to its …
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Typical Quantity Schedule of Cost of Production Report (Format)
Quantity Schedule (format)
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Accounting Concepts
Some Accounting Concepts: Accountancy vs Accounting Accountancy is the main subject whereas Accounting is one of i…
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