Ledger – Principal Book of Accounts, Ledger Accounts & Posting
Ledger - Principal Book of Accounts: All journals are posted into ledger chronologically and in a classified manner…
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Accounting
Net Present Value (NPV): Meaning of NPV, How to Calculate NPV
Net Present Value (NPV): Present value of cash flows minus initial investments, The Net Present Value (NPV) method…
Ind AS 107, Financial Instruments: Disclosures (All you need to know)
Ind AS 107, Financial Instruments: Disclosures The objective of the Ind AS 107 is to require entities to provide…
Activity Ratio: Meaning, Definition, Types, Importance, Purpose
Activity ratios indicates the efficiency with which a business uses its assets, such as inventories, accounts…
An introduction to Cost Engineering & What is Cost Engineering
An introduction to Cost Engineering: No one who has responsibility for managing major, complex, high-tech…
Business Entity Concept – Introduction, Meaning, Effects, Example
Business Entity Concept -: Here we are providing complete discussion on Business Entity Concept like Meaning of …
AS 5 – Net Profit or Loss for the Period, Prior Period Items
AS 5 - Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies. This Standard…
IndAS 10 Event Occurring After the Reporting Period
IndAS 10 Event Occurring After the Reporting Period. The Standard requires that an entity should not prepare its…
Ind AS 38, Intangible Assets | Recognition and Measurement, useful life
Ind AS 38, Intangible Assets: The objective of Ind AS 38 is to prescribe the accounting treatment for intangible…
Journal, What is Journal, Advantages of Journal, Functions of Journal
Journal: A journal is often referred to as Book of Prime Entry or the book of original entry. In this book…
Ind AS 40, Investment Property | Recognition | Measurement | Cost
Ind AS 40, Investment Property : The objective of Ind AS 40 is to prescribe the accounting treatment for investment…
Ind AS 8 Accounting Policies, Changes in Accounting Estimates
Ind AS 8 : Accounting policies, estimates and correction of errors play a major role in the presentation of…