Accounting

Role of Accountant: An accountant performs financial functions related to the collection, accuracy, recording,…

The cost of capital is a term used in the field of financial investment to refer to the cost of a company's funds…

Comparison between Capital Expenditure and Revenue Expenditure, check out difference between capital Expenditure…

Revenue Expenditure: Expenses whose benefit expires within the year of expenditure and which are incurred to…

What is Debit and credit explained with accounting equation. We often come across the words Debit and credit in…

General Journal: This is also known as Journal Proper or General Journal. It is used for making the original record…

Subsidiary Books: Introduction and Advantages of Subsidiary Books. In a Business most of the transactions generally…

Accounting Standard 10 (AS 10) - Accounting for Fixed Assets. The objective of this Standard is to prescribe the…

Capital and Revenue Expenditure & Deferred Revenue Expenditure. Find Everything You want to know about Capital…

Functions of Accounting: There are certain users of accounts. Earlier it was viewed that accounting is meant for…

Accountancy as a profession has always garnered a lot of popularity among students across the world. There are…

Ledger - Principal Book of Accounts: All journals are posted into ledger chronologically and in a classified manner…