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Capital Expenditure and Revenue Expenditure – Class 11 Important

June 23, 2024
capital expenditure and revenue expenditure

Capital Expenditure and Revenue Expenditure  CAPITAL EXPENDITURE Expenditure which is incurred for acquisition and extension or Improvement of fixed assets …

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Concept of Demand in economics: Types of Demand – Class 11 and 12 Important

June 23, 2024
concept of demand

Concept of Demand Demand refers to the quantity of a commodity that consumers are willing and able to purchase or …

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What is Bill of Exchange? Meaning, Features and Types – Important 2024

June 21, 2024
bill of exchange

Bill of Exchange: Meaning and Types INTRODUCTION In the present scenario, the sale and purchase of goods are done both …

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Adjustment entries in Final Accounts: Class 11 and 12

June 21, 2024
adjustment entries

Adjustment entries Adjustment entries- Adjustment entries are those entries that need to be passed at the end of the accounting …

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What is Profit and Loss Appropriation Account? Important Class 12

April 4, 2025June 21, 2024
profit and loss appropriation account

Definition of Profit and Loss Appropriation Account A Profit and Loss Appropriation Account is a nominal account specific to partnership …

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Basis of Accounting: What are Cash and Accrual Basis? Class 11

June 21, 2024
basis of accounting

Basis of Accounting: Cash and Accrual In Accounting, the period is a crucial aspect. Deciding when the income and expenditure …

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Accounting Principle and Accounting Assumptions – Class 11, Important

June 21, 2024
accounting principles

Accounting Principles & Fundamental Accounting Assumptions  MEANING AND NATURE OF ACCOUNTING PRINCIPLEs Accounting Principles refers to the rules or guidelines …

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Accounting: Objectives, Advantages and Limitations of Accounting – Important 2024

June 20, 2024
Advantages and Limitations of Accounting

Objectives, Advantages, and Limitations of Accounting Accounting is the systematic process of recording, analyzing, and interpreting financial transactions and events …

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What is Double Entry System? Meaning and 11 advantages

June 21, 2024June 20, 2024
double entry system

Meaning of Double Entry System According to this system, every business transaction affects at least two accounts in opposite directions. …

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20 transactions with their Journal Entries, Ledger and Trial balance – Important 2024

October 21, 2024June 20, 2024
20 transactions with their Journal Entries, Ledger and Trial balance to prepare project

20 transactions with their Journal Entries, Ledger and Trial balance 20 transactions with their Journal Entries Journal A journal is …

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  • Issue of Debentures under the Terms and Conditions of Redemption of Debentures
  • Issue of Debentures for Consideration other than Cash
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  • Issue of Debentures under the Terms and Conditions of Redemption of Debentures
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