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The difference between profit making accounting and not for profit making accounting is, that question should answer itself! 8^0
accounting for healthcare organizations in not-for-profit ,tend to differ from accounting in other industries.
Advantage of computerised accounting system?
Cash accounting and accrual accounting are two methods of accounting in cash accounting system all expenses and revenues are recorded when actual cash is paid or received while in accrual profit and loss statement, revenues and expenses are recorded when they are actually occurred and timing of receipt and payment of cash is not important.
cost accounting advantage & disadvantage
The difference between profit making accounting and not for profit making accounting is, that question should answer itself! 8^0
No economic profit is not always less than accounting profit; However, if accounting profit is less than economic profit the business would exit the industry.
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information technology in accounting, what is its advantage and its disadvantage
accounting for healthcare organizations in not-for-profit ,tend to differ from accounting in other industries.
Advantage of computerised accounting system?
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
Cash accounting and accrual accounting are two methods of accounting in cash accounting system all expenses and revenues are recorded when actual cash is paid or received while in accrual profit and loss statement, revenues and expenses are recorded when they are actually occurred and timing of receipt and payment of cash is not important.
1. Tax is a deductable item from accounting profit as tax is calculated on profit before tax amount to reach at profit after tax account which is also the net profit available for distribution to share holders of company.
Profit that is made by superb accounting. By using the accounting trade, money is saved that would have been lost without it. However I am supposed to reach 150 characters.
cost accounting advantage & disadvantage
as simple as that to know the net profit or loss from business in an accounting period. for more about financial accounting visit indianaccounting.blogspot.com