Category: Others

Secret Reserve and its Advantages and disadvantages

Accounts course Academy dehradun

Secret Reserve and its Advantages and disadvantages Is a reserve the existence and or the amount of which cannot be disclosed in the balance sheet.Secret Reserve are created in those concern where public confidence is required fot its working kike banking companies, insurance companies and electricity companies. Some of the way of creating secret reserve […]

Similarities and Dissimilarities Financial Accounting vs Cost Accounting

Financial Accounting VS Cost accounting

Similarities and Dissimilarities Financial Accounting vs Cost Accounting   Both financial and cost accounts are the branches of accounting.Although their objective ar different yet their methods are one and the same and they are connected with each other.Both the system of accounting are adopted ¬†om various organization or undertaking .The objective of financial accounting is […]

Going Concern Concept In Accounting with example

Going Concern Concept

Going Concern Concept In Accounting with example¬† It is assumed that the business unit has reasonable expectation of continuing business at a profit for an indefinite period of time A business unit is deemed to be a going concern and not a gone concern It will continue to operate in future .Transaction are recorded in […]

what is money according to economics

Accounts course Academy dehradun

what is money according to economics In Todays Scenario money is an important and basic necessity and basic need.In the beginning of civilization there were barter system where goods are exchange for goods.Thus many things use to trade such as food items , clay, gold , live stock etc.One of the problem of barter system […]

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