Accountancy, asked by jafarsadiq9989, 5 hours ago

types of accounding principles, formula

Answers

Answered by itzvaish08

7

Explanation:

Accounting Formulas Every Business Should Know

The Accounting Equation. Equation: (Assets = Liability + Owner's Equity) ...

Net Income. Equation: (Revenues – Expenses = Net Income) ...

Break-Even Point. ...

Cash Ratio. ...

Profit Margin. ...

Debt-to-Equity Ratio. ...

Cost of Goods Sold. ...

Retained earnings equation.

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