Accounting

To calculate the length of working capital cycle there needs to be some ratios that sould find out first these ratios are called working ca...

While making accounting statements a clear objective is that accounts reflect true and fair view. The true and fair view is applied to ens...

It is reduction in the value of fixed asset with the passage of time. As an asset is used, its value decreases which is due to wear and tea...

Accounts receivable that will remain noncollectable  and will be written off are known as irrecoverable or bad debts. They are shown as an ...

Cash operating cycle is the length of time between company’s outflow of material, wages and other expenditure and inflow of  cash from the s...