Bills of Exchange and Promissory Notes. Check the Difference Between Bills of Exchange and Promissory Notes. Key Difference Between Promissory Notes and Bills of Exchange.

Features of the Ledger Account: After recording the transactions in the journal, recorded entries are classified and grouped by preparation of accounts. The book which

Difference Between Convertible and Non-Convertible Debentures: Check What is the Difference Between Convertible and Non-Convertible Debentures. Debentures are long-term debt instruments issued by various institutions

Users of Accounting Information: Accounting is of primary importance to the proprietors and the managers. However, other persons such as creditors, prospective investors, etc. are

Capital and Revenue Expenditure and Deferred Revenue Expenditure. Find Everything You want to know about Capital and Revenue Expenditure. Complete Guide of Capital and Revenue

Ind AS 28, Investments in Associates and Joint Ventures: The objective of Ind AS 28 is to prescribe the accounting for investments in associates and

Material Requisition – Meaning, Procedure, and Problems. Meaning of Material Requisition, Everything you want to know about Material Requisition. Material requisition may seem like a

What is Debit and credit explained with an accounting equation? We often come across the words Debit and credit in many situations like while reading

How to Read or Analyse a Balance Sheet, this article is about analyzing the financials of any company which may be a private limited company

Acid Test Ratio or Quick Ratio. The basis for financial analysis, planning, and decision-making is financial statements which mainly consist of a Balance Sheet and

Capital Profit and Revenue Profit: Capital profit which is earned on the sale of the fixed assets, The profit which is earned during the ordinary

Employees Stock Option Plan (ESOP). Here we are providing complete details for ESOP (Employees Stock Option Plan). In this article, you can find full details

With a dynamic industry environment, it is now a mandate for organizations to invest time, money, and effort in adapting to the future way of

AS 12 Accounting for Government Grants: This Standard deals with accounting for government grants. Government grants are sometimes called by other names such as subsidies,