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When a business wants to boost earnings, it’s advisable to look at the contribution and gross profit margins to have a clear image

Cost accounting is confined to cost data, while Management accounting covers a broader range of activities such as tax, budgeting, planning, and forecasting

Bookkeeping is the component of your company’s finances that involves maintaining records of transactions for Keeping track of your income and spending.

When engaging in any high-value transaction, one must maintain vigilance since the Income Tax Department has grown more attentive about cash transactions.

Account reconciliation is comparing internal financial data to monthly statements from external sources which are critical for a company’s financial health