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Articles By Lakshit Choudhary

Capital and Revenue Expenditure

Capital and Revenue and Deferred Revenue Expenditure

ByByLakshit ChoudharyAug 12, 2024
Capital and Revenue Expenditure and Deferred Revenue Expenditure. Find Everything You want to know about Capital and Revenue Expenditure...
Ind AS 28

Ind AS 28, Investments in Associates and Joint Ventures

ByByLakshit ChoudharyAug 12, 2024
Ind AS 28, Investments in Associates and Joint Ventures: The objective of Ind AS 28 is to prescribe the accounting for investments.
Material Requisition

Material Requisition: Meaning, Procedure, and Problems

ByByLakshit ChoudharyAug 12, 2024
Material requisition refers to the document which authorizes the material to be drawn from storage or warehouse for further manufacturing.
What is Debit and Credit Explained

What is Debit and Credit Explained with Accounting Equation

ByByLakshit ChoudharyAug 12, 2024
What is Debit and credit explained with accounting equation. We often come across the words Debit and credit in many situations like while...
How to Read or Analyse a Balance Sheet

How to Read or Analyse a Balance Sheet: What is a Balance Sheet?

ByByLakshit ChoudharyAug 10, 2024
How to Read or Analyse a Balance Sheet, My this article is about analysing the financials of any company which may be private limited company
Track GST Payment Status

Track GST Payment Status, How to Check Status of GST Payment

ByByLakshit ChoudharyAug 10, 2024
Track GST Payment Status : How to Check Status of GST Payment?. Step by Step guide for how to track GST Payment Status at GST Portal i.e www.gst.gov.in.
Acid Test Ratio or Quick Ratio

Acid Test Ratio or Quick Ratio: Formula to calculate, the importance

ByByLakshit ChoudharyAug 10, 2024
Acid Test Ratio or Quick Ratio. The acid test ratio is a measure of how well a company can meet its short-term financial liabilities. Check..
Capital Profit and Revenue Profit

Capital Profit and Revenue Profit, (check out detailed difference)

ByByLakshit ChoudharyAug 10, 2024
Capital profit which is earned on the sale of the fixed assets, The profit which is earned during the ordinary course of business is called revenue profit.
Employees Stock Option Plan

Employees Stock Option Plan (ESOP): Vesting period, Perquisites

ByByLakshit ChoudharyAug 10, 2024
An Employee Stock Option Plan (ESOP) is a reward scheme for employees which makes them owners of shares in the company, ESOPs have many distinguished.