Maintaining Books of Accounts by Small Business Owners
Maintaining Books of Accounts by Small Business Owners, Check Complete Requirement of Maintenance of Books of…
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Accounting in India
Capital Expenditure, understand what is capital expenditure with example
Capital Expenditure: Capital expenditure is that expenditure which results in acquisition of an asset or which…
Suspense Account, What Is a Suspense Account? with Examples
Suspense Account: When a trial balance does not agree, efforts are made to locate errors and rectify them. However,…
Accounting Equation : Formula of Accounting Equation with Example
Accounting Equation: The accounting equation that is the foundation of double entry accounting. The accounting…
Capital Losses and Revenue Losses, Detail of Capital and Revenue Losses
The loss suffered by a company on the sale of fixed assets, The loss suffered by the business in the ordinary…
Difference between Capital Receipts and Revenue Receipts
Difference between Capital Receipts and Revenue Receipts: Receipts which are not of revenue nature are capital…
Contingent Assets and Contingent Liabilities – A Detailed analysis
Contingent Assets and Contingent Liabilities: A contingent asset is a potential asset associated with a contingent …
Deferred Revenue Expenditure, What is Deferred Revenue Expenditure
Deferred Revenue Expenditure: Deferred revenue expenditure is that expenditure for which payment has been made or a…
Capital and Revenue Expenditure & Deferred Revenue Expenditure
Capital and Revenue Expenditure & Deferred Revenue Expenditure. Find Everything You want to know about Capital…
Book Keeping: What is?, Difference Between Accounting & Book Keeping
What is Book Keeping and a comparison with Accounting. Find Everything related to Book Keeping, Here we are…
Sub Fields of Accounting, Types or branches of accounting – Detailed
Sub Fields of Accounting, Types or branches of accounting. Accounting is a system meant for measuring business…
What is Debit and credit explained with accounting equation
What is Debit and credit explained with accounting equation. We often come across the words Debit and credit in…