Tag Archives | Accounting

Cost Accounting & Farm Business | Accounting

This article will help you to maintain cost accounting records for your farm business. Meaning of Cost Accounting: In any business where production of goods, services, or processing of raw material is undertaken the maintenance of the cost of production is very crucial. In the field of crop production working out of the cost of production (cost of cultivation plus [...]

By |2016-08-25T16:53:49+05:30August 25, 2016|Farms|Comments Off on Cost Accounting & Farm Business | Accounting
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Accounting Concepts: Top 7 Concepts of Accounting

This article throws light upon the top seven concepts of accounting. The concepts are: 1. The Money Measurement Concept 2. The Business Entity Concept 3. The Ongoing Concern Concept 4. The Cost Concept 5. The Dual Aspect Concept 6. The Accrued Concept 7. The Realisation Concept. Concept # 1. The Money Measurement Concept: The record is important in terms of [...]

By |2016-08-25T16:53:49+05:30August 25, 2016|Accounting|Comments Off on Accounting Concepts: Top 7 Concepts of Accounting
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