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Financial statements are prepared in two forms: Balance Sheet ,Profitability Statement…
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Basically to know the two facts about the business the financial statements are prepared:..
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Limitations of Financial statements are: ...Financial statements are available after a specific period of time is over….
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There are two ways in which analysis of financial statements can be carried out:…
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The techniques used for the analysis and interpretation of financial statements are:…
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Share Capital is that portion of a company’s equity that has been obtained by issuing share to a shareholder….
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Secured Loans are the loans which are secured wholly or partly against the assets of the company…
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Current Liability includes loans, deposits and bank overdraft which fall due for payment in a relatively short time…
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Fixed Assets indicate the value of infrastructural properties acquired by the business where the benefits…
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Current Assets : are the assets which get generated during the course of operations and are likely ….
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Miscellaneous Expenditures, Profit and Loss Account debit balance : As per the business entity principle…
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