Rules For Setting Accounts After Dissolution mixrootmod.com In partnership, the partnership deed has a significant place. On the basis of it, the accounts of partnership are in the Partnership Deed,…
Who can be a Partnership? 1. Person- According to Sec. 11 of the Indian Contract Act, every person who is of the age of majority according to law to which…
10 Secrets To Successful Long-Term Investing In 2022 10 Secrets to Successful Long-Term Investing in 2022 Long-Term Investing: Investing isn’t just for Wall Street gurus and finance wizards. It’s also something…
What are the Different Branches of Accounting? The following are the main branches of accounting: (a) Financial accounting: Financial Accounting is that branch of accounting which involves identifying, measuring, recording,…
Characteristics of Accounting: Characteristics of Accounting The following attributes or characteristics can be drawn from the definition of Accounting: (1) Identifying financial transactions and events Accounting records only those transactions…
Objectives of Accounting The main objectives of accounting are: To maintain a systematic record of business transactions Accounting is used to maintain a systematic record of all the financial transactions…
What is the difference between accounts, accounting and accountancy? Difference between an Account, Accounting, and Accountancy is mentioned below: Account: An account is a record holder used to store…
What Is Accounts accountancy and accountants What is an Account? Definition: An account is a record in an accounting system that tracks the financial activities of a specific asset, liability,…