What is Discounted Payback Period? Discounted Payback period is the updated version of payback period that consider the time value …
Read moreDiscounted Payback period (DCF): Definition, Calculation Process
Most of the accountants often confuse regarding capital and revenue expenditure, particular who come from non-accounting back ground. When an …
Read moreCapital and Revenue Expenditures: Definition, Examples.
Definition of Ordering Costs Ordering Costs also known as setup costs which is incurred at the time of placing an …
What is Accrued Income? Accrued Income means the income which is earned during the current accounting year and has become …
What is Revenue Recognition? Revenue recognition is the process of recording revenue of the business concern. It is recognized in …
Read moreRevenue (Sales) Recognition Process : Definition, Process, Journal Entries