A bank reconciliation statement is an accounting statement prepared at the end of the bank...
Category - Finance
How to Calculate Present Value of an Annuity
Ordinary Annuity and Annuity Due An annuity can be considered as a way of making equal payments for...
What is Inventory Control
In the manufacturing environment, inventory represents a significant amount of investment of...
How to Calculate Activity Based Costing
Activity Based Costing (ABC) is a costing approach, that allocates manufacturing overheads into per...
What is Activity Based Costing
Activity Based Costing Definition Activity Based Costing (ABC) is a costing technique that is used...
What is Debt Consolidation Loan
What is Debt Consolidation Loan? It is a type of loan that is obtained from a lender in order to...
How to Deal with Bad Debts
What is Bad Debts In reality, there are some situations where the company would not be able to...
How to Calculate Acid Test Ratio
Acid Test Ratio is also known as quick ratio, and it measures the current position of the company...
How to Calculate Amortization Schedule
Amortization schedule consists of a table or chart that shows each payment breakdown as the...
How to Balance a Balance Sheet
In every business organization, financial statements are prepared at the end of the financial...