Accounting

Accounting

Carriage Inwards and Freight In

What is Carriage inward or Freight in? Transportation cost of goods from one place to another place is ...
Accounting

Accounting Equation

What is Accounting Equation It’s the fundamental tools of any business to check the final position of the ...
Accounting

What is Bookkeeping

What is Bookkeeping and how we to do it. Bookkeeping is the first stage of Accountancy. It’s a ...
Accounting

What is Implicit Cost

IMPLICIT COST The opportunity cost totally resembles with the implicit cost. The opportunity cost is equal to what ...
Accounting

What is Explicit Cost

EXPLICIT COST The explicit cost represents the outflow of money from the business that reduced the profit of ...