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Parties Interested in Accounting Information: Learning Objectives: Explain, who may be interested in accounting information of a company or firm? Name the parties interested in accounting information and state their…
Creditors / Accounts Payable Turnover Ratio: Definition and Explanation: Credit turnover ratio is similar to the debtors turnover ratio. It compares creditors with the total credit purchases. It signifies the credit…
Definition and Explanation of Single Entry System: Learning Objectives: Define and explain single entry system of bookkeeping. What are limitations of single entry system of accounting It is difficult to…
Rubab Ali 
Abida Rehman