To understand the difference between capital expenditure and revenue expenditure, the concepts of capital expenditure and revenue expenditure are as…
CASH AND MERCANTILE SYSTEM OF ACCOUNTING
Cash and Mercantile system of Accounting is as follows: CASH BASIS OF ACCOUNTING Under cash basis of accounting, the transactions…
BOOK KEEPING AND ACCOUNTANCY
DIFFERENCE BETWEEN BOOK KEEPING AND ACCOUNTANCY Book-Keeping is an art and science of recording business transactions in a systematic and…
DIFFERENCE BETWEEN ACCOUNTING AND ACCOUNTANCY
DIFFERENCE BETWEEN ACCOUNTING AND ACCOUNTANCY To understand the Difference Between Accounting and Accountancy, these both terms should be understood: Accounting…
DIFFERENCE BETWEEN BOOK KEEPING AND ACCOUNTING
DIFFERENCE BETWEEN BOOK KEEPING AND ACCOUNTING To understand the Difference between Book keeping and Accounting, firstly we understand the both…
DIFFERENCE BETWEEN DISSOLUTION OF FIRM AND DISSOLUTION OF PARTNERSHIP
DISSOLUTION OF PARTNERSHIP FIRM Dissolution of Partnership Firm means the firm closes down its operations and comes to an end.…