Debt Equity Ratio It is otherwise called as External-Internal Equity Ratio. This ratio is calculated to know the level of claims of the outsiders and owners i.e. shareholders
The various cost concepts should be understood by every reader. If so, one can easily understand the standard cost and standard costing. Hence, some of the cost concepts
Weaknesses of Traditional Cost Accounting System Providing inaccurate costing information leads to taking of wrong decisions by the top management if used for control purposes or for fixing
What is Cost Accounting Cost accounting is a system of accounting which includes collecting, classifying, processing, analyzing and reporting of information to top management for taking quality decisions
Techniques to exercise control over Capital Expenditure The accepted or selected proposals may be obsolescence due to advancement in technology in the short run. Therefore, investment made in
Liabilities of the Company Liabilities are shown in the left side of the Balance Sheet. If Balance Sheet is prepared vertically, liabilities are shown under assets. The Companies
Details of Contingent Liability to be shown in Balance Sheet As per Schedule VI the following liabilities should be shown as footnotes in balance sheet 1. Claims Against
Items of Revenues and Gains to be disclosed in balance sheet The following are the items of incomes and gains, which should be shown separately: 1. Turnover: Under
Items of Expenses and Losses to be disclosed in Balance Sheet The expenses should be shown under suitable heads to the extent possible. Any expense, which exceeds 1%