Month: February 2023
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Corporate Accounting
What is Window Dressing of Financial Statements?
The window dressing of financial statements is a term that refers to the manipulation of financial information in order to make a company appear more financiall
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Financial Accounting Concepts
What is Del Credere Commission?
Del credere commission is a type of commission paid to a buyer’s agent or a commission agency in exchange for taking on the buyer’s credit risk. It
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Cost Accounting
What is Reorder Level in Cost Accounting?
Introduction Cost accounting is essential for businesses to understand their costs and make informed decisions. One of the key concepts in cost accounting is th
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Money and Investment
What is a mortgage calculator?
Mortgages are a prevalent method for financing properties. A mortgage is a loan used to purchase a home, and it is typically repaid over a 15- to 30-year term.
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Financial Accounting Concepts
What Do Mean Sundry Debtors and Sundry Creditors?
Sundry debtors and sundry creditors are words frequently used in the business world. These phrases describe the sums of money that a company owes to its supplie
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Cost Accounting
Meaning and Explanation of Service Costing
The term “service costing” refers to the method of calculating the cost per unit of service given. It also refers to the price of particular functio