Tag Archives: Which accounting system is followed by Mr. Ahsan and Mr. Farhan for maintaining their business records

MGT101 Financial Accounting GDB 1 Solution Fall 2013

Learning Objectives: To develop an understanding over difference between Cash and Accrual Accounting Systems in real world scenarios. To understand the practical implication and suitability of accounting systems/basis for business organizations. Discussion Question: Scenario – 1: Mr. Ahsan is running a small shop under the business name of Small General Store dealing in lighting equipment’s and […]