Why Cost of goods sold (CGS) can not be negative in Business

Every Business has some cost & cost incurred for generating revenue or Asset.

Importance of Bank Reconciliation in Business

The term Bank Reconciliation really is a useful & most important word in the Business sector. It's the way to find out the difference between Bank balance & Company balance. A Company can find out their fraud...

What is Sky Advertisement?

                                                      It is an advertisement, which is made by means of an air...

What is Mechanized Accounting?

Nowadays technology is using every sector of our way of going and with this Accounting also joined this group. Now think about what is Mechanized Accounting. Ok let's come, whenever we will use the technology with our accounting system Example: Compu...

What is Materiality Constraint?

                                                             ...

What is Manual Accounting?

                                                           Manual ...

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