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Articles By Lakshit Choudhary

Debt Ratio - Debt service coverage

Debt Ratio: Debt service coverage Ratio, Meaning, Formula

ByByLakshit ChoudharyAug 14, 2024
Debt Ratio is one of the financial ratios which compares an entity's total amount of debt to its total amount of assets, which is used to...
Advantages of Accounting

Advantages of Accounting: Essential Benefits of Accounting

ByByLakshit ChoudharyAug 14, 2024
Advantages of Accounting: These advantages usually coincide with the ability for companies to improve operations and overall profitability.
Accounting Concepts and Conventions

Accounting Concepts and Conventions: A complete discussion

ByByLakshit ChoudharyAug 14, 2024
Accounting Concepts are the assumptions and conditions on the basis of which financial statements of an entity are prepared.
Role of Accountant Maintenance

Role of Accountant: Maintenance of Books of Accounts

ByByLakshit ChoudharyAug 13, 2024
Role of Accountant: An accountant performs financial functions related to the collection, accuracy, recording, analysis and presentation of..
Suspense Account

Suspense Account, What Is a Suspense Account? with Examples

ByByLakshit ChoudharyAug 13, 2024
Suspense Account: When a trial balance does not agree, efforts are made to locate errors and rectify them. if reason for disagreement of...
Net Present Value

Net Present Value (NPV): Meaning of NPV, How to Calculate NPV

ByByLakshit ChoudharyAug 13, 2024
The Net Present Value (NPV) method as an investment appraisal or capital budgeting technique shows how an investment project affects company
Trial Balance features, objectives, methods of preparing

Trial Balance: features, objectives, methods of preparing

ByByLakshit ChoudharyAug 13, 2024
Trial Balance methods: A trial balance is a schedule or list of debit and credit balances extracted from various accounts in the ledger...
Relative Valuation Definition

Relative Valuation: Definition, Steps, Drivers of multiple

ByByLakshit ChoudharyAug 13, 2024
Relative Valuation is an approach where an asset is valued not based on of its fundamentals but on the basis of what other people are paying
How to Calculate Net Profit

How to Calculate Net Profit for Managerial Remuneration

ByByLakshit ChoudharyAug 13, 2024
How to Calculate Net Profit for Managerial Remuneration. As per companies act the net profit we arrive at in financial statements say...