Diminishing or Reducing Balance Method of Depreciation
Diminishing or Reducing Balance Method; Under this method, depreciation calculates at a certain percentage each year on the balance of … Continue Reading
Methods
Difference between Average and Super profit
Average and Super Profits; The valuation of goodwill depends upon assumptions made by the valuer. Meaning; The average profit is … Continue Reading
Single Costing: Meaning, Characteristics, and Objectives
The single Costing method of the ascertainment of the cost of production is suitable for those industries in which manufacturing … Continue Reading
Techniques and methods of costing in Cost accounting
The techniques and methods of costing in Cost accounting are to explain their points one by one. First, Techniques of … Continue Reading
Introduction to Wages: Meaning, Definition, Types, and Methods
What does it mean by Wages? A fixed regular payment earned for their services typically paid on an hourly, daily … Continue Reading
What does Monopoly mean? Understand Monopoly control Methods.
What is the Monopoly? The word Monopoly has been derived from the combination of two words i.e., “Mono” and “Poly”. … Continue Reading
Departmental Accounting Objectives Methods Advantages
Departmental Accounting and Departmental Accounts both are the same. The main point explains; Meaning, Concept, Objectives, Methods, Advantages, with Principles. … Continue Reading
Valuation of Goodwill: Meaning, Need, Factors, and Methods
Valuation of Goodwill: What is Goodwill? Meaning of Goodwill; Goodwill is the value of the reputation of a firm built … Continue Reading
Top 3 Accounting Methods are very Useful with Docs
What is the Accounting Method? An accounting method is a set of rules under which revenues and expenses are reported … Continue Reading
Creative Accounting: Methods, Techniques, and Prevention
Definitions of Creative Accounting: The term ‘creative accounting’ can define in several ways. Initially, we will offer this definition; “A process … Continue Reading