Basic Accounts

basic accounting includes revenues, expenses, assets, liabilities, income statement, balance sheet, and statement of cash flows. and debits and credits.

What is Equity

What is Equity

What is Equity? Equity is the amount of capital invested or owned by a company’s owner. Equity is calculated as the difference between a company’s liabilities and assets on its

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Prime Cost

Prime Cost

What is Prime Cost Prime costs are the total direct costs spent throughout the production of a product. These costs include raw materials and direct labor in the manufacturing process

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