Accounting
What Is Break-Even Point? The break even point is the level of output at which the company’s overall revenue and total expenses are the same. At...
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Cash vouchers are vital in facilitating financial transactions and tracking expenses for firms and organisations. Cash vouchers are valuable instruments for recording and monitoring...
When a company purchases goods or services, there may come a time when they need to return them due to various reasons such as...
Bills payable are short-term debts that a company owes to creditors. A company’s balance sheet is a financial statement that provides a snapshot of...
Definition of DSO Days Sales Outstanding (DSO) measures the average time it takes a business to get payment from a client after a transaction....
What Is Break-Even Point? The break even point is the level of output at which the company’s overall revenue and total expenses are the same. At...
What is Cash Credit? Cash credit is a short-term financing source for a company. It is one kind of short-term loan extended by a bank...
‘Profit and Loss’ is a common term used across various business verticals. It is one of the most basic principles on which every business...
The Fund Flow Statement is beneficial for performing long-term analysis. It is an extremely important tool in the hands of management for evaluating the...
Starting a business comes with a list of expenses, duties and situations that you would not have expected. But the first order of starting...
Gross working capital has many benefits, but it can only show the half picture of the financial position of a company. It cannot completely...
What is the Cost of Capital? Cost of capital is the gain needed to realize an investment budgeting effort worthwhile, for example, the construction...
What is the Cash Reserve Ratio? The CRR full form is the cash reserve ratio. The cash reserve ratio meaning is a minimum percentage...
An integrated accounting system can be a blessing for businesses, especially for all small and medium enterprises. It may sound complicated, but it is...
For any business to have a successful run, it must have long-term financial planning and impeccable accounting practices. Business accounting involves identifying, recording, and...