Category: Financial Accounting

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Accounting Concepts & Conventions

  ACCOUNTING CONCEPTS:- Accounting concepts means & includes necessary assumptions or ideas which are used to accounting practice & preparation of financial statements. The following are the important accounting concepts: Business Entity Concept: –...

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Ratio Analysis

Ratio analysis and the nature of ratio analysis. •Introduction:- The analysis of the financial statements & interpretations of financial results of a particular period of operations with the help of ‘ratio’ is termed as...

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