Weighted average method with illustration
Irfan khanJune 02, 2018
What is weighted average method ? Weighted average method is also used in calculating ending inventory or you may use this to find out Ra...
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FIFO and LIFO Method with illustration
Irfan khanJune 01, 2018
What is FIFo ? FIFO stand for first in and first out. It means if firm started buying and selling of inventory a firm must follow the rat...
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Departmentalization- Meaning , Importance and types
Irfan khanJune 01, 2018
Departmentalization It means a process of grouping the activities on the basis of work, customer, flow and other different basis. In o...
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Top ten reasons why business fail
Irfan khanMay 30, 2018
Why business fail Every business faces failure and success. This is a part of business. But after every single failure you should examin...
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How to start a business
Irfan khanMay 29, 2018
Starting a business While starting business kind a difficult task but not impossible. It can be possible if you can make full prepara...
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Cash Flows statement
Irfan khanMay 25, 2018
Cash flow statement Today our topic is cash flows statement first we would know that what is cash flow statement. So we have three words...
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How to make a business plan
Irfan khanMay 24, 2018
How to create, make or write a Business plan? It is a written document which describe the future of your business. It explain what you ...
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Income statement and balance sheet
Irfan khanMay 22, 2018
How to prepare Income statement and balance sheet ? In this topic we will explain how to prepare income statement and balance sheet with...
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Journal, ledger and trial balance with illustration
Irfan khanMay 21, 2018
1.Journal preparing At First we defines Journal in accounting "Journal means a daily record of business financial transaction or...
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