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Key financial ratios students should know in basic accounting

Financial ratios serve as essential quantitative tools for Principles of Accounts (POA) students to evaluate the liquidity and profitability of a business entity. This article provides a comprehensive technical breakdown of the seven primary ratios required for the syllabus, including formulas for the Current Ratio, Quick Ratio, and Gross Profit …

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Accounting definition: Simple description of recording the flow of money

Accounting definition

Accounting is the systematic process of recording, categorising, and communicating financial transactions to provide a clear picture of an entity’s economic health. This fundamental business practice ensures that every movement of capital is tracked with precision, allowing for informed decision-making and regulatory compliance. The discipline has evolved from simple ledger …

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8 Ways to make learning fun and easy

Make learning fun

It doesn’t matter how good you are in academics, and there will always come situations when you get bored while studying. It is possible to make learning fun as difficult concepts or absorbing facts related to subjects that you don’t like can be daunting. Here in this post, we are …

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