Accounting and Finance in Business Financial Statement Notes and Their Importance in an organization
Study notes for the subject The Purpose of Accounting in the module Financial Accounting 1. These are effective to study and revise in the accounting student's first year.
Introduction: Accounting is introduced as the language of business, used to track, summarize, and communicate financial information. The Accounting Equation: Explains the fundamental equation - Assets =...
Question 1 Lion plc’s Income Statement for the year ended 31 December 2022 and the Statements of Financial Position as at 31 December 2021 and 2022 are as follows: Income Statement for the year ended 31st December...