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What are advantages and disadvantages of branch accounting?
advantages of branch accounting
What are the methods of Accounting for Branch?
branch accounting income statement
What are three basic activities of accounting?
What are the Basic Activities of accounting?
What are types of branch accounting?
Dependent Branch Independent Branch Foreign Branch
Cost accounting and financial accounting?
Financial accounting refers to the branch that prepared financial reports (known as financial statements) that are for general use. Primarily however, they are prepared for external users (owners, investors, government, suppliers, creditors). The goal of financial accounting is to provide financial statements that follow generally accepted accounting standards or GAAP. Cost accounting is the branch that focuses on manufacturing costs, i.e. direct materials, direct labor, and factory overhead. It is often considered part of management accounting, the branch that provides information for internal purposes and focuses on helping management make decisions instead of strictly complying with GAAP. Cost accounting deals with manufacturing concerns.
How an accounting system use in bank?
An accounting system is used in bank for various purposes. The system will help in basic bookkeeping of the bank's accounts and reconcile all transactions among other accounting functions.
What are the methods of Accounting for Branch?
branch accounting income statement
What are advantages and disadvantages of branch accounting?
advantages of branch accounting
What are the basic accounting concept and their implication?
basic concepts of accounting
What are three basic activities of accounting?
What are the Basic Activities of accounting?
Is accounting a branch of science?
Although it uses some mathematics, accounting is a branch of economics.
What are types of branch accounting?
Dependent Branch Independent Branch Foreign Branch
What is inflationary accounting?
The branch of accounting which deals with the transactions of inflation.
What are the 13 basic features of financial accounting?
13 basic features of financial accounting?
Cost accounting and financial accounting?
Financial accounting refers to the branch that prepared financial reports (known as financial statements) that are for general use. Primarily however, they are prepared for external users (owners, investors, government, suppliers, creditors). The goal of financial accounting is to provide financial statements that follow generally accepted accounting standards or GAAP. Cost accounting is the branch that focuses on manufacturing costs, i.e. direct materials, direct labor, and factory overhead. It is often considered part of management accounting, the branch that provides information for internal purposes and focuses on helping management make decisions instead of strictly complying with GAAP. Cost accounting deals with manufacturing concerns.
What are fundamental concepts of accounting?
basic principle of accounting
What are the fundamental concept of accounting?
basic principle of accounting
