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Cost Accounting
Basics of Cost and Costing in Management Accounting
Cost is a word used to describe the money spent on a particular thing. In our private lives, we talk about the cost of running a car or heating our home. In man
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Financial Management
What is Momentum Analysis? When is it Used?
In finance, momentum analysis is a technique used to assess the speed and direction of a security’s price movement. It essentially tries to capture the id
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Cost Accounting
How to calculate liquidity ratios?- With examples
The term liquidity refers to the ability of the firm to meet its obligations as and when due. The current liability of the company meets the realising amount fr
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Cost Accounting
What is a Perpetual Inventory System?
Businesses that use a perpetual inventory system maintain accurate records of the costs associated with each inventory acquisition and sale. These records show
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Financial Accounting Concepts
Closing Entries to Prepare Trading Account
Closing Entries Before preparing the Trading account, various accounts need to be closed and transferred to the trading account at the end of the accounting per
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Financial Accounting Concepts
What is the Importance of Trading Account in Final Accounts
We all know that accounting is directed toward keeping systematic records of business transactions. These records are prepared with a view to ascertaining the r
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Financial Accounting Concepts
What is Triple Bottom Line Reporting (TBLR)?
Triple Bottom Line Reporting (TBLR) is a new process that focuses on reporting, assessing and improving organisational performance for sustainability. This help
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Financial Management
What Are the Factors Governing Dividend Decisions?
Dividends are an essential aspect of a company’s financial strategy. It is the distribution of profits to shareholders, which can be in the form of cash o
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Financial Management
Meaning of Treasury Stock and Its Accounting Treatment
Treasury stock is the stock issued by the company and may later be reacquired by the company from its shareholders. The company may retire or cancel these stock
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Financial Accounting Concepts
What is a Common-Size Financial Statement in Accounting?
A common-size financial statement is a financial statement where each line item is presented as a percentage of a base figure. The base figure is typically tota