marginal costing considers only direct) materials,labour,expenses and variable factory overheads excluding fixed factory overheads but absorption considers (direct) materials ,labour,expenses,variable and fixed factory overheads.
The basic objective of financial accounting is the formulation of financial statements including the balance sheet, income statement and cash flow statement. Income statements show the company's operating performance quarterly or annually.
The purpose of accounting is provide information to the users like investors ,financial institutions and to other clients. The four basic financial statements are balance sheet,income statement,cash flow,statement of retained earning.
1 - Income statement 2 - Balance sheet 3 - Cash flow statement 4 - Statement of owners equity.
Three financial statements are required to be issued: a statement of financial position (balance sheet), a statement of activities (income statement), and a statement of cash flows
Whay is the difference between remainder statement and standard statements?
difference between command and statement
The basic objective of financial accounting is the formulation of financial statements including the balance sheet, income statement and cash flow statement. Income statements show the company's operating performance quarterly or annually.
differance between control statement and looping statement?
Accounting statements provide financial details concerning the operation of a business or other form of organization.
A compound statement is a single statement which combines the work of multiple individual statements. A block is a collection of individual statements. Block: ++i; x = i; Compound statement: x = ++i;
Whay is the difference between remainder statement and standard statements?
The purpose of accounting is provide information to the users like investors ,financial institutions and to other clients. The four basic financial statements are balance sheet,income statement,cash flow,statement of retained earning.
Following is the two major financial statements: 1 - Income statement 2 - Balance Sheet
1 - Income statement 2 - Balance sheet 3 - Cash flow statement 4 - Statement of owners equity.
Three financial statements are required to be issued: a statement of financial position (balance sheet), a statement of activities (income statement), and a statement of cash flows
Whay is the difference between remainder statement and standard statements?
Balance sheet Income statement Statement of changes in equity Statement of cash flows Notes to the financial statements