Course Content
Basic concept and definitions of firms, plant, industry and their interrelationships with respect to agricultural production
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Agribusiness environment, management systems, and managerial decisions
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Preparation of financial statements and analysis, agribusiness financing
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Leadership and motivation, economic principles involved in capital acquisition
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Impact of government policies on agribusiness enterprises
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Learn Agribusiness Management, marketing and cooperatives with Rahul

Financial statements

– The term financial statement refers to two basic statements that an accountant prepares at the end of specified period of time for a business enterprise.

 

Balance sheet:

It is defined as the summary statement of assets and liabilities of a business firm together with net worth at a particular point of time.

– It is a statement of financial position of a firm at a particular point of time.

– It shows the financial condition of the business firm at a given date (particular point of time).

– Balance sheet indicates the sources from which business obtained capital for its operations and the form in which capital is invested on a specific date.

How Balance Sheet Structure & Content Reveal Financial Position

Income statement:

– It is also called profit-loss statement.

– It shows the firm’s earnings for the period covered, usually half yearly or yearly.

Income Statement: How to Read and Use It

 

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