𝐔𝐧𝐞𝐚𝐫𝐧𝐞𝐝 𝐑𝐞𝐯𝐞𝐧𝐮𝐞: 𝐖𝐡𝐞𝐧 𝐈𝐭 𝐁𝐞𝐜𝐨𝐦𝐞 𝐄𝐚𝐫𝐧𝐞𝐝?
The questions like what is unearned revenue? How to calculate it and recognize it? When is it transferred from the […]
𝐏𝐞𝐭𝐭𝐲 𝐂𝐚𝐬𝐡 𝐈𝐬 𝐀𝐧 𝐀𝐬𝐬𝐞𝐭 𝐀𝐜𝐜𝐨𝐮𝐧𝐭
Is Petty Cash An Expense Account or Asset Account? Petty Cash is not an expense account, it is an asset account.
𝟑 𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭 𝐌𝐞𝐭𝐡𝐨𝐝𝐬 𝐨𝐟 𝐏𝐫𝐞𝐩𝐚𝐫𝐢𝐧𝐠 𝐂𝐚𝐬𝐡 𝐁𝐮𝐝𝐠𝐞𝐭
Three methods of preparing Cash Budget: 1.Receipt and payment method 2.Adjusted profit & loss method/Cash Flow Method 3.Balance Sheet Method.
Cash Budget Format: Solved Example
Four easy steps to prepare cash budget: Define the period, Decide the desired cash position, estimate cash inflows outflows.
𝐀𝐧𝐚𝐥𝐲𝐳𝐞 𝐘𝐨𝐮𝐫 𝐋𝐢𝐪𝐮𝐢𝐝𝐢𝐭𝐲: 𝟓 𝐁𝐞𝐬𝐭 𝐂𝐚𝐬𝐡 𝐅𝐥𝐨𝐰 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐑𝐚𝐭𝐢𝐨𝐬
Using cash flow analysis ratios, a company seeks out how much cash it has, where its cash is going, and what it needs to do to maintain!
𝐀𝐧𝐚𝐥𝐲𝐳𝐞 𝐘𝐨𝐮𝐫 𝐋𝐢𝐪𝐮𝐢𝐝𝐢𝐭𝐲: 𝟓 𝐁𝐞𝐬𝐭 𝐂𝐚𝐬𝐡 𝐅𝐥𝐨𝐰 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐑𝐚𝐭𝐢𝐨𝐬 Read More »
Cash Flow Statement- Format With Solved Example
Cash Flow Statement helps to track cash inflow and outflow. CFS has three main parts: operating, investing, and financing activities.
Working Capital Vs Current Ratio: Difference Explained With An Example
Working Capital is the leftover amount after paying operating expenses whereas the Current Ratio determines the efficiency of current assets over current liabilities.
Working Capital Vs Current Ratio: Difference Explained With An Example Read More »