Knowledge in Financial accounting

Nature of management accounting

Nature of management accounting . Its types and application .

Fundamentals of FINANCIAL ACCOUNTING

As you are aware, every trader generally starts business for purpose of earning profit. While establishing business, he brings own capital, Then he purchases machinery, furniture, raw materials and other assets. He starts buying and selling of goods, paying for salaries, rent and other expenses, depositing and withdrawing cash from bank. Like this he undertakes innumerable transactions in business.

Depreciation of Fixed assets & TRIAL BALANCE

In financial accounting, assets are economic resources. Anything tangible or intangible that is capable of being owned or controlled to produce value and that is held to have positive economic value is considered an asset. Simply stated, assets represent ownership of value that can be converted into cash (although cash itself is also considered an asset). Two major asset classes are tangible assets and intangible assets.

UNIT 6 FINAL ACCOUNTS AND CLASSIFICATION OF EXPENSES

The expenditure of the firm has been divided into Capital expenditure & Revenue expenditure. Items of Revenue expenditure are taken in trading account & Profit & Loss account. Items of Capital expenditure are considered in Balance Sheet Capital Expenditure is an “Expenditure intended to benefit future periods in contrast to the Revenue expenditure, which benefits the current period” The transactions of Capital expenditure give benefits for more than one accounting period such as acquisition and improvements of assets. Capital expenditure is non recurring in nature.

Strategic management and financial accounting

This article and matter is prepared by experienced faculty of snist for the better and easy understanding of students. This PDF contains introduction to management i.e, levels pf management, functions of management etc.

Standard Costing In CMA Based on Finance

Standard Costing In Financial based topic with products in which the price may veries account request is verify the product create final amount requested to receive

FA REVISION SHEET FOR ACCOUNT BY AMAN

Final Account sheet is the in which general and profit sheet is recorded after that the assets and liabilities sheet will make as this will match is balance sheet

Ledger Account Sheet By Aman

Ledger is that account in which whole expenditure is recorded for creating a balance sheet final for payment processing ledger can be created on the basics of profit loss , liabilities and assets

Trial Balance Sheet In Financial Business

Trial balance sheet is made with Profit , loss and assets liabilities with match Balance sheet after creating and maintaining the whole expenditure

Revision Financial Accounting Notes

Revision of Financial Business Anyalsis that which have over all rights to know the balance sheet final list

Journal Material In Financial Accounting

Journal is that which have profit and loss analysis which have different forms our profit will increase than the earnings will more

Introduction To Finance Account

Introduction is that whole summary in short can be know to us by observing the expenditure and revenue from each other