Opening Entry : Definition, Journal Entry etc.
Definition of Opening Entry The Opening Entries is the balance sheet amount which is brought forward at the beginning of …
Month: December 2019
Accounting Equation : Definition, Formula, Example etc.
What is Accounting Equation? Accounting Equation which is also called as balance sheet equation. This equation is considered as the …
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Best Selling Basic Accounting Book: Accounting Made Simple
Perhaps you meet with accountants regularly or very occasionally when you needed a financial report, solving your tax issues. You …
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Demand Loan: Definition, Features, Benefits etc.
What is Demand Loan? Demand Loan also termed as Working Capital Demand Loan which will be repaid as instructed by …
Progressive Tax : Definition, Advantages, Limitations etc.
What is Progressive Tax? A progressive Tax is the Tax which is varied in proportion to the earnings of a …
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Accounting Treatment : Bad Debts & Provision for Bad Debts
What is Bad Debts? Bad debts is the amount of credit sales which can not be recovered or become irrecoverable …
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