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KADISHA MORÁN (8-977-618), Basic Accounting Concepts, Costs, Fundamentals…

- - - - Classification
        according to : their variability
        :ballot_box_with_check: Fixed
        :ballot_box_with_check: Variables
        
        According to departments
        :ballot_box_with_check: Variables
        :ballot_box_with_check: Productive: they operate on the product during all stages of processing. Ex. :
        cutting, assembly and painting department.
        :ballot_box_with_check: Services: serve as logistical support to the production departments. Example:
        maintenance departments, security, own plants.
- - - - Active
        
        Asset accounts are "realizable" or "liquidable". This means that the amounts recorded in the asset accounts can be transformed into fresh money for the company. Because of their realizability, asset accounts are divided into two parts: current accounts and non-current accounts. The current accounts of the assets are those that can be easily transformed into money
        easily transformed into cash in the short term.
      - Pasivo
        
        Liability accounts are "demandable", which means that our creditors can demand payment of the accounts when they fall due. Liability accounts are divided into short-term liabilities and long-term liabilities based on their enforceability over time.
        Let's look at some types of liability accounts. First, we have accounts payable to suppliers.
        suppliers. If we have acquired merchandise and goods, but we have not yet disbursed for our acquisitions, then we have received a credit from our suppliers, and this credit has been recorded in our Accounts Payable, which is an accounting record of Liabilities.
- - - - Through an adequate interpretation of the relationships between variables, obtained through the systematic exercise of financial analysis, the managers and administrators of economic entities can
        Through a proper interpretation of the relationships between variables, obtained through the systematic exercise of financial analysis, managers and administrators of economic entities
        :star2: Request timely and effective actions in case of any problem detected.
        :star2: Request timely and effective actions in case of detecting any problem or inconsistency in results.
        or inconsistency in results;
        :star2: Organize data to relate them to previous models or external standards;
        :star2: Discover the causes or effects of a detected situation through the analysis of indicators or other tools;
        :star2: Organize data to relate to previous models or external standards;
        :star2: Organize data to relate to previous
        indicators or other kinds of tools;