About Revenue & Profit
What is revenue and example?
In business, revenue is the amount of money received by a company from its activities, mostly from the sale of...
What is the process of accounting?
What is the process of accounting?
The primary purpose of accounting is to provide useful information for decision making. To be able to produce the...
What is Depreciation?
Understanding Depreciation is an allocation made systematically to shrink or reduce the amount of an asset over its useful life. These fixed assets are...
Definition Of Trade Discount
What is a Trade Discount?
Large traders or wholesalers are traders who sell goods to other traders. Licensed wholesalers issued catalog. Instead of updating the...
What Is A Ledger In Accounting
What is a Ledger in Accounting?
As an accountant, you should be familiar with accounting books. Now the understanding of the general ledger is comprehensive...