Sales tax is a tax paid to the governing body for the sales of certain goods and services. Usually, laws allow the seller to collect the seller for the tax from the consumer at the point of purchase. In simple words, A company which forms its goods and it provides its services to the customer, …
There are various advantages of marginal costing, however, it’s necessary to understand what marginal cost is. Marginal costing is a method for presenting sales and cost data to managers in order to assist them in making short-term decisions such as sales mix selection, make or purchase, special order acceptance, and so on. Managers utilize it …
Main objective of auditing is to give an independent opinion or to express a unique opinion about the financial statements of the audited entry. In other word main objective of auditing is to express a different thoughts on financial statements which audited as entry . As we know Auditing simply means to inspect or examine …
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