Ratio can be defined as the relationship that exists between two figures. Accoun…
Manufacturing of goods and services is the transformation of raw materials into fi…
These are some of the commonly used acronyms and abbreviations in the accounting p…
Generally accepted accounting principles (GAAP) can be defined as a common set of…
Accounting principles are the rules and guidelines that companies must follow when…
Fixed deposits is a saving instrument. they earn the investor a higher rate of int…
The segregation of duties concept disallows the assignment of responsibility to on…
International Accounting Standards approved how various accounting transactions w…
The Trial Balance does not show accuracy in ledger account, is not absolute proof …
Trial balance can be defined as the schedule or list that shows the debit and cr…
Financial market regulation can be defined as a framework of rules, laws and princ…
Data in accounting is the term used to describe the basic fads introduced as the i…
Assets properties of a business. They are are usually used to add value to the bus…
Assets are the properties of a business organization. They are what the business …
An asset are properties of a business. It can be defined as something bought by a …
A Company fixed deposit (FD) is a financial instrument provided by banks or NBFCs …