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Test for Optimality MODI Method
The MODI (Modified Distribution) Method, also known as the UV method, is used to check the optima...
Unbalanced Transportation Problem
An unbalanced transportation problem occurs when the total supply is not equal to the total deman...
Introduction to Transportation Problem
The transportation problem is a type of optimization problem in operations research where the obj...
Maxima and Minima
Maxima and minima are critical points in the study of differentiation, where a function reaches i...
Second Order Derivatives
Second-order derivatives provide information about the curvature or concavity of a function, indi...
Differentiation of Composite Functions
Differentiation of composite functions is achieved using the Chain Rule, which allows you to diff...
Types of Accounting Standards
Accounting Standards are authoritative standards for financial reporting and form the primary sou...
Process of Accounting Transactions
The accounting cycle is an essential, standardized process that follows eight steps to track, rec...
Systems of Accounting
There are two main systems of accounting used to record business transactions. These are the Sing...
Double Column Cash Book
The Double Column Cash Book is an extension of the single column cash book, with an additional co...
Single Column Cash Book
The Single Column Cash Book is a basic type of cash book used to record all cash transactions of ...
Cash Book
A Cash Book is a financial record used to track all cash-related transactions of a business. It r...
Generating Income Statement
1. Steps to Generate Income Statement in Tally Prime To generate an Income Statement in Tally Pri...
Generating Trial Balance
1. Steps to Generate Trial Balance in Tally Prime Generating a Trial Balance in Tally Prime is si...
Voucher Types and Voucher Entries
1. What is a Voucher? A Voucher in accounting is a document that supports the entries made in the...
Creation of Inventory Groups and Ledgers
What is an Inventory Group? An Inventory Group in Tally Prime is used to categorize stock items b...
Creation of Company in Tally
Steps to Create a Company in Tally Prime 1. Launch Tally Prime Open the Tally Prime application....
Capital and Revenue Receipts
In accounting, capital receipts and revenue receipts are two categories used to classify the cash...
Simple and Compound Entries
Simple Journal Entries In double-entry bookkeeping, a simple journal entry is a type of accountin...
Techniques of managerial control
1. Budgetary Control Budgetary control is all about making sure money is being spent wisely and t...