Financial Accounting

Variable cost varies with the level of output while fixed cost remains fixed at any level of production output.

Reversing entries in accounting records at the beginning of an accounting period to cancel out or reverse the effects of adjusting entries of preceding accounting period.

A business transaction (selling or buying a thing) that does not involve cash is called non-cash transaction.

You know you can prepare your income statement in just a click. In ADโ€™s income statement template, you just have to put your figures and you will get your income statement in a minute.

๐”๐ง๐ž๐š๐ซ๐ง๐ž๐ ๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž: ๐–๐ก๐ž๐ง ๐ˆ๐ญ ๐๐ž๐œ๐จ๐ฆ๐ž ๐„๐š๐ซ๐ง๐ž๐? The questions like what is unearned revenue? How to calculate it and recognize it? When is โ€ฆ

How To Prepare A Control Account? Example and Format How does the control account work? And which accounts does it adjust or โ€ฆ

Cash Flow Statement Template

Get Free Access to AD’s easy to use Cash Flow Statement Templateย 

Cash Flow Statement template by Accounting Drive
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