Assets liabilities and Capital
Assets liabilities and Capital Assets- Assets are valuable economic resources of an enterprise, that can be expressed in terms of money and useful in the operations of a business enterprise. …
Change in Demand Or Shift in Demand curve
Change in Demand Or Shift in Demand curve Change in Demand Or Shift in Demand curve Change in Demand refers to the demand for commodity changes due to changes in …
Macro Business Environment
Macro Business Environment Macro Business Environment Macro environment refers to all those external forces which have homogeneous (Same) effects on the working of business organizations across business sectors. The Macro …
Aggregate Demand (AD)
Aggregate Demand (AD) Aggregate Demand (AD) refers to the total value of final goods and services that all the sectors of an economy are planning to buy at a given …
Accounting Cycle Or Accounting Process
Accounting Cycle Or Accounting Process Accounting Cycle Or Accounting Process:- “An accounting cycle is a complete sequence of the accounting process, that begins with the recording of business transactions and ends with the preparation of final …
What are the types of accounts in accounting?
What are the types of accounts in accounting? According to the traditional approach, there are three types of accounts in accounting: Personal Account Real Account Nominal Account 1. Personal Accounts- …
Which are the three categories of accounting?
Which are the three categories of accounting? The three categories of accounting are given below: 1. Financial Accounting 2. Cost Accounting 3. Management Accounting Financial Accounting:- Financial Accounting is concerned with …
What is posting in Accounting
What is posting in Accounting What is posting in Accounting? The process of transferring the entries recorded in the journal or subsidiary books to the respective accounts opened in the …
Debit and credit meaning
Debit and credit meaning Debit and Credit meaning Debit? Simply Debit refers to the left side of an account. If an account is to be debited, then the entry is …
Real Account Examples List
Real Account Examples List What are Real Accounts? Real accounts are those accounts that relate to business property and things that are owned by the business concern. Real accounts include …