The aim of verification and valuation of assets and liabilities is to check the accuracy of assets and liabilities. And this job to check the accuracy of assets and liabilities is of Auditor. It checks either the value of assets and liabilities entered in the balance sheet is correct or not. If the auditor faces …
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The concept of marginal costing is based on how expenses change as a function of production volume. Only variable costs are gathered and cost per unit is determined only based on variable costs in marginal costing (also known as ‘variable costing’). To understand all the Concept Of Marginal Costing, keep reading this article till the …
The main difference between fixed capital and working capital is, fixed capital is the capital that has been present in the fixed assets and has been permanently blocked in the business whereas working capital is the capital that has been spent for the requirements of the company in day to day life. An example of …
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