The equation must be ALWAYS equal.
Management accounting gathered data or information from cost accounting and financial accounting. After that, it analyzes and interprets the data to prepare reports and provide necessary information to the management.
An advantage of inflation accounting, is that it can correct problems with inflation. The negative part about inflation accounting is that it is not fair value accounting.
idea is more basic to accounting than the accounting unit or entity, a term used to identify the organization for which the accounting service is to be provided and whose accounting or other information is to be analyzed, accumulated, and reported.
An accounting manager.
strength of historical cost accounting
Accounting rule that states the owner is regarded as being separate and distinct from the business.
Lower of cost or market rule
An MCC group and an accounting code
The "journal" is the first transaction found on the accounting record.
accounting rate of return not take into consideration the time value of money as regrading to actual financial statements which prepare on the historical cost
Accounting was first introduced by Friar Luca Pacioli in the Philippines.
First step in accounting cycle is Journalizing the business transaction in journal which is book of original entry.
The first thing which needs to be done in cost accounting is to Calculate the selling price.
A slide rule is used for multiplication and division and it can also be used for trigonometry. It can also be used in money fields such as accounting.
I presume you're asking for the golden rules of accounting, instead of the golden rules of accounts.The "golden rule of accounts" doesn't even exist, anyway, even if you wanted to know what it is.In this case, the golden rules of accounting are:For personal accounts, debit the receiver and credit the giver.For real accounts, debit what comes in and credit what comes out.For nominal accounts, debit all expenses/losses and credit all income/gains.
The abbreviation for the word Accounting is ACCG, while at first I thought it may be ACC, ACC actually in accounting stands is the abbreviation of Account.
No. It's first in first out.