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1. Material Costing, Specific Identification Method, Weighted Average Cost Method, First In, First Out Method(FIFO), Last In, Fist Out Method(LIFO)

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)...

1.1 Principles of Accounting, Journal, Ledger, Trial Balance

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...

1. Measures of Central Tendency, Arithmetic Mean, Median, Mode, Harmonic, Geometric Mean

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...

Chapter 8: How to calculate Net Present Value and Other Investment Criteria/Capital Budgeting Techniques

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...

1.How to Define Economic Problem, need, want, scarcity, Opportunity Cost, Specialization & Division of Labor, Business Activity & Added Value?

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...

Understanding the Psychology of Forex Trading: How Your Mindset Impacts Your Success?

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...

Cambridge IGCSE/O LEVEL Topic: 2 Sources and recording of data, Double Entry Book-keeping

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...

Cambridge IGCSE/O Level Accounting: Topic 1: Fundamentals of Accounting & The Accounting Equation

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...

1. Introduction to Statistics Basic Important Concepts

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...