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Cost Accounting
What are various types of sales variances in cost accounting
Sales variance can be defined as the difference between the standard or expected revenue and the actual revenue. It is different from cost variances because cos
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Cost Accounting
What is the Budget Period in Accounting?
A budget is a quantitative future plan that helps an organisation coordinate its actions. Large organisations all have a budget. Numerous companies produce deta
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Financial Accounting Concepts
What is the Ledger and its purpose in Bookkeeping?
The ledger is the principal book of the accounting system. After we have finished part of recording the transactions in the Journal, the next part of the accoun
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Financial Accounting Concepts
Jalani Distributors sold three light commercial vans
Jalani Distributors sold three light commercial vans to Jain Enterprises on January 1, 2017, on hire purchase system. The price of each van was Rs. 90,000 payme
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Financial Management
Fundamental and Technical Analysis in the Stock Market
Stock markets can be an intimidating place, filled with complexity and uncertainty. To navigate them successfully as an investor, having an in-depth knowledge o