The Debt Service Coverage Ratio (DSCR) is an important measure in understanding a borrower’s ability to fulfill his financial obligations.
In other words, it is a...
The inventory turnover ratio, also known as the stock turnover ratio, is an efficiency ratio that measures how efficiently inventory is managed.
It establishes a relationship between the...
An adjusted trial balance is a listing of all company accounts that will appear on the financial statements after year-end adjusting journal entries have been made.
Adjusting...
One of the most famous and commonly used terms in the field of accounting and finance is “Three golden rules of accounting”.
Every entity has to follow the...
WHAT IS DISCOUNT ALLOWED ?
Discounts are very common in today’s business world, they are generally provided in lieu of some consideration which can range...
Accounts receivables can be considered as an investment made by the business that includes both risks and returns. Returns in the form of easily acquiring...