Direct Materials
Direct materials budget are the raw materials or components that are directly used in the production of a finished product. These materials […]
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Cost of Goods Sold (COGS)
Cost of Goods Sold (COGS) refers to the direct costs incurred by a company in producing or acquiring the goods or services […]
Read moreProfit and Loss Statement
A profit and loss statement, also known as an income statement or statement of earnings, is a financial statement that summarizes the […]
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What is trial balance
A trial balance is a bookkeeping or accounting report that lists the balances of all general ledger accounts at a specific point […]
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What is Ledger Book
A ledger book, also known as a ledger, is a physical or electronic book that serves as the central repository for recording […]
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What is Cash payment?
Cash payment (CR) refers to a transaction where payment is made using physical currency, such as banknotes or coins. It involves the […]
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Cash Payment
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What is cash receipt voucher
A cash receipt voucher is a document or form that serves as evidence of a cash transaction. It is used to record […]
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How to Optimize Your Accounting Software
Optimizing your accounting software can greatly improve your efficiency, accuracy, and overall productivity in managing your financial records. Here are some steps […]
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3. How to easy life using software accounting software
Easy life using software accounting software – Using accounting software can greatly simplify your life by automating various financial tasks and streamlining […]
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