Assignment on Accounting
Accounting forms the backbone of all business operations and refers to the analysis and reporting of all financial transactions. Despite being a speciality subject, the field makes use of concepts from other domains as well. Writing a good accounting assignment is therefore a difficult task which requires stringent research. In order to meet these research needs, Researchomatic has provided a section dedicated to accounting assignments.
Difference between the Capital Expenditure and the Revenue Expenditure
Accounting Analysis [Name of the Institute]Accounting Analysis Difference between the Capital Expenditure and the Revenue Expenditure The capital expenditure refers to the expenditure or an expense which results in the acquisition of the assets or the increase in the capacity of the earning for the business. On the other hand the revenue expenditure ...- 965 Words
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Difference between Capital Expenditure and Revenue Expenditure
Accounting Analysis [Name of the Institute]Accounting Analysis Difference between Capital Expenditure and Revenue Expenditure The capital expenditure is the inclusive of all the expenditures of the business that incurred while the fixed assets are being purchase. The cost subsequently incurs when there is increase in the earning capacity of the fixed asset that ...- 904 Words
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Should Elected Officials Audit Ongoing Administration Books?
Should elected officials audit ongoing administration books? Should elected officials audit ongoing administration books? Introduction Auditing is described as the examination and evaluation of the financial statements of the company or an organization. Auditing is an unbiased process which is completed by the internal employees of the organization called internal auditors. It ...- 712 Words
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Managerial Accounting
Managerial accounting Managerial accounting Question 1- Master Budget Standard Delux Units to be produced 48000 72000 Expected Selling Price 80 150 Standard Cost per pair Expected units to be sold 1600000 DM 15 1728000 DL 12 24 Variable Overhead 6 12 Fixed Cost per unit 3 6 FC 600000 Master Budget IncomeStatement Standard Delux Total Units produced 48000 72000 Units sold/Sales Revenue (Expected) 3840000 10800000 14640000 DM 720000 1728000 2448000 DL 576000 864000 1440000 VC 288000 432000 720000 FC 600000 1200000 1800000 Total Cost 2184000 4224000 6408000 Variable marketing and distribution Expense 192000 288000 480000 Fixed Marketing and customer distribution Expense 200000 200000 400000 Net Income 1264000 6088000 7352000 Actual Units produced 55000 50000 Units Sold 53000 47000 Selling price 72 148 Direct material used 55800 50400 Direct material price per kg 14.8 31 DL 616000 1111000 DL per ...- 406 Words
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Lowes - Home Improvement Store
Lowes - Home Improvement Store Lowes - Home Improvement Store Introduction Lowes is known as the largest home improvement store in the united states. Till 2013, the organization opened more than the 2000 retailer stores all around the globe and still the organization is trying to open more than 10 stores. The ...- 669 Words
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Working Capital Simulation
Working Capital Simulation Working Capital Simulation Round 1 - Decision Rational Phase Decision Rational 1 Opportunity 1: Acquire a New Customer Please Bold your Choice Accept or Reject Accept The reason for acquiring a new customer is that it would help in expanding the target market. Secondly, the scope of the revenues would be increased as well. 1 Opportunity 2: Leverage Supplier ...- 578 Words
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Managing Financial Resources
MANAGING FINANCIAL RESOURCES Managing financial resources Managing financial resources Introduction In today's competitive environment, strategic management plays a vital role for organization's success and future stability. In finance, investment is defined as the purchase of an asset with expectation to get higher return in future to increase income or appreciation of value of ...- 4244 Words
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Financial Metrics And Ratios
Financial Metrics and Ratios Financial Metrics and Ratios Introduction Basically, ratios are tools to help the analyst, investors or shareholders to analyze the performance and condition of the business. The variable used by prior researchers computed from income statement and balance sheet items. This is due to the information easily can get ...- 1375 Words
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Accounting
Accounting Accounting Introduction Accounting is defines as the production of financial records and the financial statements within an organization. Accounting is also said as the systematic recording of financial transactions which in turn help in summarizing and reporting the transaction into the financial statement. The financial transactions are the recording of the ...- 970 Words
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Financial And Managerial Accounting Comparison
Financial and Managerial Accounting Comparison Financial and managerial Accounting Comparison Introduction Management accounting plays a vital role in activities such as planning, directing and motivating and controlling. The main role of management accountant has always been to improve their organisation's performance by providing relevant information for decision making. (Kaplan, Pp.400, 1984). Financial accounting ...- 695 Words
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