Posted inFinancial Accounting
Financial Accounting – Insolvency Accounts
Insolvency is a financial stringency i.e. when an individual or an organization/company is no longer…
Posted inFinancial Accounting
Financial Accounting – Investment Account
Anyone can buy and sell securities from a stock exchange with the purpose to increase…
Posted inFinancial Accounting
Financial Accounting – Leasing
In the field of real estate, leasing is a popular term because it is advantageous…
Posted inFinancial Accounting
Financial Accounting – Single Entry
As we know, there are two systems of recording transactions in our books of accounts.…
Posted inFinancial Accounting
Financial Accounting – Non-Trading Accounts
Some of the organizations or institutions are constituted to provide valuable services to the society…
Posted inFinancial Accounting
Financial Accounting – Joint Venture
An association of two or more persons or we may say temporary partnership combined for…
Posted inFinancial Accounting
Financial Accounting – Rectification of Errors
Financial accounting deals with recording and maintaining every monetary transaction of an organization. However, sometimes,…
Posted inEconomics
Applications of Opportunity Cost
The concept of opportunity cost has been widely used by modern economists in various fields.…
Posted inEconomics
Opportunity Cost
• The concept of opportunity cost occupies a very important place in modern economic analysis.…
Posted inEconomics
Determinants of Elasticity of Supply
Nature of the commodity: The supply of durable goods can be increased or decreased effectively…