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Commission outstanding is of funds.
Any gain on the sale of non–current assets should be from the net profit for determining.
Difference between C.A. & C.L is known as .
P & L A/C is also called as the
When the volume of production is nil, the loss will be equal to .
Fund flow refers to changes in capital.
Depreciation is sometimes treated as funds.
In marginal costing, the stock is valued at .
At B.E.P. total cast is equal to .
In absorption costing cost is added to the investment.
Building sold on credit is of funds.
In marginal costing, fixed costs are charged to .
Contribution minus cost in profit.
The two statements which are generally included in the definition of financial Statements are
Goods purchased on credit inflow of fund.
Income statement ( P & L A/C ) the revenues and costs incurred in the process of earning revenues.
At I.E.P is equal to F.C.
The BEP is when the selling price increases.
Sales Variable cost = F.C +
In cost accounting marginal cost does near include
The balance sheet is a statement of of a business at a specific movement of time.
Assets & liabilities in a balance sheet (B/S) may be arranged either according to order or order.
Rearrangement of figures is necessary for & .
Financial statements disclose only facts.
A higher P/W ratio indicates profitability.
In marginal cost, V.E are charged to & F.C is charged to
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