Accountancy

Financial Statements of a Company

Meaning of Financial Statements Financial statements of a Company are the introductory and formal periodic reports through which the commercial… Read More

Operating Costs in Accounting

Meaning of Operating Costs in Accounting Operating costs in accounting are the charges that are related to the operation of… Read More

Methods of Costing in Accounting

Methods of Costing in Accounting Methods of Costing in Accounting or value accounting is a department of accounting that offers… Read More

Accrual vs Cash Basis of Accounting

Accrual vs Cash Basis of Accounting Accrual vs Cash Basis of Accounting- In order to duly apply for bookkeeping, companies… Read More

Difference between cryptocurrency and digital currency

DIGITAL CURRENCY Digital currency is essentially an electronic form of currency issued by the government while cryptocurrency is a repository… Read More

Profitability Accounting Ratios

What are Profitability Accounting Ratios? The profitability accounting ratios or fiscal performance are substantially summarized in the statement of profit… Read More

Accounting Ratios

What is an Accounting Ratios? As stated before, Accounting ratios are a pivotal tool of financial statements analysis. Accounting ratios… Read More

Dissolution of Partnership Firm

Dissolution of Partnership Firm, In such a situation, while the prevailing partnership is dissolved, the firm may continue under an… Read More

Accounts from Incomplete Records

Accounting records, which aren't strictly kept consistent with the double-entry bookkeeping system are referred to as Accounts from incomplete records.… Read More

Admission of a Partner

Admission of a Partner means when a new partner could also be admitted when the firm needs additional capital or… Read More