Golden Rule of Accounting

Golden Rule of Accounting

Introduction of the Golden Rule of Accounting The “Golden Rule of Accounting” is a fundamental principle in accounting that guides how transactions are recorded and classified in financial statements. It is also known as the “Rule of Three” and is based on the principles of double-entry bookkeeping. In the realm of financial management, the “Golden … Read more

Accounting Ratios

Accounting Ratios

What is an Accounting Ratios? As stated before, Accounting ratios are a pivotal tool of financial statements analysis. Accounting ratios are the fine number calculated as a reference to the relationship of two or further figures and may be expressed as a bit, proportion, chance, and a number of times. When the number is calculated … Read more

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