In this post, we are going to solve the Exercise Problems and their solutions, of, Company Final Accounts, in a comprehensive working oriented way that will be very helpful to the students of Advanced Financial Accounting. To learn more about Company Final Accounts just go to the Financial Accounting II in Blog Post Categories or […]
4.1: Company Final Account, Exercise Problems and their solutions Read More »
Measures of dispersion is second important topic after Measures of Central Tendency in Statistics. In this article, we are going to discuss Measures of Dispersion, Absolute Measures of Dispersion, Relative Measures of Dispersion, theoretically and numerically with the help of formulas and solved example questions for better understanding for both ungrouped and grouped data.
In this post, we are going to discuss Company Final Accounts, Trading Profit & Loss Account, Income Statement, Profit & Loss Appropriation Account, Statement of Financial Position or Balance Sheet, theoretically and practically with the help of practical examples. It is very important topic which is almost asked in every paper of company advanced final
In this post, we are going to discuss Exercise Problem Questions & their solutions of the Topic Analysis of Accounting Ratios. If you want to learn more about Accounting Ratios, its type, formulas with more practical example questions, then click here.
5.1 Analysis of Accounting Ratios, Exercise Problem Questions & their solutions Read More »
In this post, Analysis of Accounting Ratios such as Liquidity Ratios, Profitability Ratios, Solvency Ratios, Efficiency Ratios, Market Ratios, Return on Investment Ratios, Different Ratios and their Formulas, Practice Questions for Understanding will be discussed with detail explanation.
In this post, we are gong to discuss Material Costing, Economic Order Quantity EOQ, Reorder Point/Ordering Point, Lead Time, Maximum Level of Inventory, Minimum Level of Inventory, Average Stock Level, Safety Stock, Danger Level, Optimum number of Orders, Order Frequency both theoretical and with the help of practical examples.
In this blog post, I am going to discuss the paper of Business Statistics Solved Paper FBISE 2013 ICOM II, MCQS, Short Questions, Extensive Questions topics included are Introduction to Statistics, Averages, Index Numbers, Probability.
In this post, I am going to solve paper of Business Statistics 2012 for ICOM II FBISE in which MCQS, short questions and extensive questions of the topics of Introduction to Statistics, Averages, Index Numbers and Probability is discussed and solved
In this post, I am going to discuss Depreciation, Methods of Depreciation, Straight Line/ Original Cost/Fixed Instalment Method, Diminishing/Declining/Reducing Balance Method, Reasons of depreciation, Important Journal entries, theoretical aspects & Example short and extensive questions for understanding with Important MCQ’s of Depreciation
In this post, Consignment Account, Consignor, Consignee, their relation of Principal and agent, commission, del-credere commission, overriding commission, their journal entries with practical examples is discussed in detail.
In this post, I am going to guide you about material costing, specific identification method, weighted average cost method, First In, First Out Method (FIFO), Last In, First Out Method (LIFO).
In this post, I am going to discuss with you practically about Principles of Accounting, topics Journal, Ledger, Trial Balance with the help of questions asked in paper 2008 and 2009 of FBISE Federal Board of Intermediate & Secondary Education Islamabad. Each paper will be segmented into three parts. first part will be extracted from the extensive questions, second part related to short questions and third one will be related to MCQ’s
1.1 Principles of Accounting, Journal, Ledger, Trial Balance Read More »
Measures of Central Tendency or averages of first order such as Arithmetic Mean, Median, Mode, Harmonic Mean & Geometric Mean. Measures of central tendency calculate the most central value of the data. To know the central value within the distribution of data, there are three methods to calculate it arithmetic mean, median and mode. Besides this, there are two other average Geometric mean which is used for geometric calculations such as index numbers, and Harmonic Mean which is used for rates and ratio purposes used by financial institutions.
1. Measures of Central Tendency, Arithmetic Mean, Median, Mode, Harmonic, Geometric Mean Read More »
In this post, I am going to teach you that what are capital budgeting techniques, how net present value, profitability index, payback period, internal rate of return can be calculated & how all these put impact on investment criteria.
In this post, I am going to teach you the topic of IGCSE/O Level Business Activity and will understand that what is the difference between need & want?
How difference of unlimited wants and scarce resources create imbalance that causes economic problem? How to define economic problem.
How can we define scarcity & opportunity cost?
What is specialization & division of labor & finally business activity & added value?
In this post, I am going to tell you that how fruitful forex exchanging requires discipline, information, and the advancement of beneficial routines. I am sure, if you adopt these parameters, there is a light of hope that you will get success in forex trading environment of business. Here are the absolute best propensities for forex traders:
Understanding the Psychology of Forex Trading: How Your Mindset Impacts Your Success? Read More »
Double Entry Book-keeping is a method to record business transaction in which two aspects of transaction are recorded. These two aspects are receiving and giving. These two aspects are also called debit and credit & in all types of journals both sides must be equal. In each transaction at-least two accounts are used. In our course we shall directly record transactions into ledgers. Here rules for debit and credit are important to understand.
Accounting is the language of business. Business is a profit motive activity which must be expressed in monetary terms. These monetary dealings must be recorded in the form of business transactions. Business monetary information must go through the five steps:
Statistics is a branch of applied mathematics.
It deals with data e.g. collection of data, organization of the data, interpretation or analysis of the data and presentation of the data.
Mainly it deals with quantitative analysis of the data and rarely touches qualitative aspect of the data.
It is the science of getting average and probability but overall field of statistical analysis is so vast.
1. Introduction to Statistics Basic Important Concepts Read More »
In this post, we are going to discuss correlation coefficient, types, properties, importance and important formulas for Correlation Coefficient and also cover correlation coefficient with theoretical perspective.
