Meaning of Accounting

Accounting Ratios

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

Bank Correspondence

The bank is a Financial Institution. The bank is one of the important aids to trade. The bank plays an… 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

Partnership Account

Partnership Account, As the business expands, one needs more capital and a bigger number of individuals to manage the business… Read More

Issue and Redemption of Debentures

issue and Redemption of debentures- A company raises its capital using an issue of shares. But the funds raised by… Read More

Documents to Formation of a Company

At the time of Incorporation of a company, the following documents of Formation of a Company have to be submitted… Read More

Formation of a company

A company is an artificial legal person i.e. it is a creation of law. It comes into existence when it… Read More

Types of Companies in Accounting

There are five types of companies in accounting and each one have different categories. Now we explain all separately as… Read More