Month: January 2022

To inform – One of most important objectives of communication is passing and receiving information about of particular fact of circumstance. An organization can inform consumers about its products, availability of credit, availability of raw materials, or about government rules Read More …

Communication can be described as the life blood of the business No business can develop in the absence of effective external and internal communication. Communication is a vital tool of management. One of the major functions of an office is Read More …

Communication is an act of any natural or artificial means of conveying information or giving instruction. It’s the process of passing information and understanding from one person to the other. According to Newman and summer Communication is an exchange of Read More …

If there is sufficient information relating to cash payments and receipts, then a simple cashbook for both cash in hand and cash at bank can be prepared in confirmation of deposits and payments made from the bank statement. The information Read More …

There are 3 important ratios to be looked at: Gross profit margin Mark up Stock turnover If a firm has a uniform Gross Profit for all the items sold then any information available on sales or purchases can be used Read More …

Where the available records are so deficient (i.e. it is impossible to compile a reasonable complete cash summary, the only method of estimating the profits or loss for the period, is to prepare statement of affairs showing the net worth Read More …