தினமும் உலகை புதிதாய் பாருங்கோ
If the corporation was profitable in the accounting period, the Retained Earnings account will be credited; if the corporation suffered a net loss, Retained Earnings will be debited. Recall that…
Net Income can be calculated by adding or subtracting the various non-operating expenses from operating profit. On this multi-step income statement, there is interest expense, interest income, a non-operating gain,…
It provides heeding data standards and real undertaking of the problem for gauging efficiency. The revenue of any recreation can be demonstrated by approximating expenditure with the dividend of that…
The per-unit variable cost of production remains constant for a given level of output, but the per-unit variable cost increases as the volume of output increases. By analyzing operating cost…
In this example, the employee is entitled to 10 hours of overtime pay for workweek #1, regardless of how many hours they work in workweek #2. Under the FLSA, any…
This is a systematic approach to accounting that ensures a balanced record of financial transactions. It involves the simultaneous entry of transactions as debits and credits across two different accounts.…
By providing a comprehensive breakdown of costs, you not only ensure legal compliance but also give customers a transparent view of their purchase. Remember, a well-documented receipt not only benefits…
These include medical supplies such as gloves, masks, and syringes, as well as larger investments in diagnostic tools, examination tables, and electronic health records (EHR) software. Professional liability insurance, licensing…