WebPurpose of maintaining accounting records Information recorded is used to make IS & SOFP Allows for calculation of P/L Understand the progress/growth of the business Base the business future & make decisions based onP/L 1.2 Accounting Equation SOFP: statement of the assets & liabilities of a businesson certain date WebAccounting and Records, Page 1 of 2 Cash-basis Accounting Single-entry record keeping Double-entry record keeping Accrual-basis Accounting These each have merit, purpose, and applicability. The business type/purpose and size and the ownership structure will determine which accounting method and record keeping system is
Cost Accounting Notes, PDF, Syllabus BBA, BCOM (2024)
WebDec 10, 2024 · Managerial Accounting subject is included in M.COM (2024) so students can able to download managerial accounting notes for MCOM (2024) for 2 nd semester and managerial accounting notes for M.COM (2024) 1st year. Managerial Accounting Notes can be downloaded in managerial accounting pdf from the below article. Webmanagement accounting study notes GL M NG This chapter begins by distinguishing between accounting, management accounting, financial accounting and cost accounting. scot 2003b p.305
UNIT 9 ACCOUNTS OF HOLDING COMPANIES Structure
Webi have learn a lot of knowledge of this book and i have passed my business accounting paper .So i am new class and i want to get managerial accounting book.... (PDF) Business Accounting 1 & 2 ELEVENTH … WebCOMM 112: Accounting Textbook Review 2. Period (Non-manufacturing) Costs Expensed in period incurred 1. Marketing or Selling Costs: necessary to secure customer orders and get finished product to customer 2. Administrative Costs: executive, organizational, clerical, general management Direct Cost: any cost easily and conveniently traced to particular … WebA company is a "corporation" - an artificial person created by law. A human being is a "natural" person. A company is a "legal" person. A company thus has legal rights and obligations in the same way that a natural person does. 2. Companies and Partnerships Compared (a) A company can be created only by certain prescribed methods - most scot54