AX Functional

Thursday, 29 October 2015

Accounting for Ordinary Share Capital Issue

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Ordinary Share Capital represents equity of a company and therefore its issuance is recorded as part of the equity reserves in the balan...
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Tuesday, 27 October 2015

Net Profit Margin Ratio

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1. Definition Net Profit Margin Ratio is the percentage of net profit relative to the revenue earned during a period. Net Profit Mar...
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Gross Profit Margin Ratio

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1. Definition Gross Profit Margin Ratio is the percentage of gross profit relative to the revenue earned during a period. Gross Prof...
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Ratio analysis

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Current Ratio  - Liquidity Ratio - Working Capital Ratio Topic Contents: Definition Formula Explanation Example Interpretation ...
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Errors in Cash Book

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Errors or omissions in the cash book can lead to a difference between the balance as per bank statement and the balance as per cash book. ...
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