Author name: developer

Capital Budgeting: Definitions, Steps & Techniques

As the profitability index considers projects with ratios over 1.0 as candidates to move forward, so far, this opportunity looks promising. The profitability index is calculated by dividing the present value of future cash flows by the initial https://intuit-payroll.org/ investment. A PI greater than 1 indicates that the NPV is positive while a PI of […]

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Books of Original Entry: First Step of Double Entry System with Examples

Books of Original Entry help the organization to record the daily transactions along with the supporting details. It helps in tracking the flow of the data from the financial statements to the prime journal books of accounts. Book of original entry is an accounting journal that carries details and evidence of business transactions before they

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