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Differential Revenue Definition: Differential revenue is the difference in revenue between any two alternatives. Example: Revenue from first alternative = $5000; Revenue from second alternative = $4000; Differential revenue =…
Differential Cost Definition: Any cost that differs between alternatives in a decision-making situation. In managerial accounting, this term is synonymous with avoidable cost and relevant cost. Also see Incremental cost.…
Distinction/Difference Between Trial Balance and Balance Sheet: Learning Objectives: What is the difference between trial balance and balance sheet? The following are the points of distinction/difference between trial balance and…
Difference Between Trading Account and Profit and Loss Account: Learning Objectives: What is the difference between account and profit and loss account? The main difference between trading account and profit…
Difference Between Statement of Affairs and Balance Sheet: Learning Objectives: What is the difference between statement of affairs and balance sheet? As real or property accounts are not maintained and…
Difference Between Receipts and Payments Account and Income and Expenditure Account: Learning Objectives: What is the difference between receipt and payment account and income and expenditure account? Receipts & Payment…
Difference Between Ledger and Journal: Learning Objectives: What is the difference between ledger and journal? The journal and the ledger are the most important books of the double entry system…
Difference Between Joint Venture and Consignment: Learning Objectives: What is the difference between joint ventures and consignment? Parties: In joint venture, parties to the agreement are known as co-venturers while…
Difference Between Gross Margin and Contribution Margin: Learning Objectives: What is the difference between gross margin and contribution margin? Gross Margin is the Gross Profit as a percentage of Net…
Difference Between Depreciation and Fluctuation: Learning Objectives: What is the difference between depreciation and fluctuation?. Depreciation of asset and fluctuation in its market value are not the same. For example,…
Distinction/Difference Between Consignment and Sale: Learning Objectives: What is the distinction/difference between consignment and sale? The following are the main points of the difference between consignment and sale. Transfer of…
Difference Between Bill of Exchange and Cheque/Check: Learning Objectives: What is the difference between bill of exchange and cheque/check? Check Bill of Exchange It is drawn on a banker It…
Difference Between Capital and Revenue Expenditures: Learning Objectives: What is the difference between capital and revenue expenditures. Following is the difference between capital and revenue expenditures. Capital Expenditures Revenue Expenditures…
Difference Between Bill of Exchange and Promissory Note: Learning Objectives: What is the difference between bill of exchange and promissory note? A bill of exchange differs from a promissory note…
Depreciation Tax Shield Definition: A reduction in tax that results from depreciation deductions. The reduction in tax is computed by multiplying the depreciation deduction by the tax rate.
Depreciation Accounting - General Questions and Answers: Learning Objectives: Answers of some of the general questions about depreciation accounting. Theoretical: What is depreciation and how is it brought about? Name…
Depreciation of Various Assets: Learning Objectives: How should the depreciation on various assets be calculated?. We discuss below the problem of depreciating some given assets. Freehold Land and Building: It…
Cycle Time Definition: Cycle time is the time required to make a completed unit of product starting with raw materials. Cycle time is also known as throughput time.
Abida Rehman