From the following balances extracted from the books of X Co prepare a trading and profit and loss account and balance sheet on 31st December 1991. This Video will help you to understand in an easy way the concept of Trading account Profit and Loss account and Balance sheet. The PL account and Balance Sheet […]
Month: December 2022
Big Five Audit Firms
PricewaterhouseCoopers is the one of the Big Four auditors along with Deloitte EY and KPMG. They were Deloitte Haskins Sells Arthur Andersen Touche Ross Price Waterhouse Coopers Lybrand Peat Marwick Mitchell Arthur Young Co. Now Deloitte Touche in the 1970s and 80s Deloitte Haskins Sells was one of the Big 8 accounting firms and was […]
Business Operating Statement
_____ Financial Report for. Apply a check mark to indicate the answer wherever needed. The termself-em ployed includes a person who operates a business whether full or part time or with another person. Operating expenses do not include cost of goods sold materials direct labor manufacturing overhead or capital expenditures larger expenses such as buildings […]