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Q. Define Double-Entry Bookkeeping?
Double-Entry Bookkeeping - Method of recording financial transactions in that every transaction is entered in two or more accounts and includes two-way, self-balancing posting. Total DEBITS should equal total CREDITS.
Explain in detail various sources of finance. Which is the most appropriate one?
P Company manufactures and sells a range of children's clothing through its retail shops and is currently designing a website in order to allow customers to purchase products onlin
Q. What do you mean by Business Risk? Business risk is that portion of the unsystematic risk caused by the operating environment of the business. Business risk arises from the
The amount by which the market price exceeds the conversion value or the investment value called the premium. When expressed as a percentage, it is given by,
evaluate the importace of leverage in financial management of a small scale company
Debenture A kind of debt instrument that is not secured by physical any asset or collateral is known as debenture. Debentures are backed by the general creditworthiness and sta
Dividend cover Dividend cover measures the relationship among earnings per share and net dividends per share. The higher the altitude of dividends for any given level of EPS t
It is a trust developed by a married couple with the purpose of minimizing estate taxes. An A-B trust is a trust that splits into two on the death of the first spouse. It is produc
Q. Explain the Adjusting Journal Entry? Adjusting Journal Entry - An accounting entry made into a subsidiary ledger known as the Generaljournal to account for a periods changes
ON THE BASIS OF FUNCTIONS •Functional / Subsidiary budgets: A subsidiary budget is a budget of income or expenditure appropriate to or the responsibility of functions, like
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