A Balance sheet is a concept of representing assets and liabilities on the different sides in the format of a financial statement. It i...

A Vouchers in accounting are a formal written document that is prepared for the buyer as proof of goods or services that have been purc...

Before moving to a non-profit organization, we need to understand the work of accounting software. Accounting software is a tool that c...

The contribution margin ratio is the ratio that we get after subtracting the variable cost and the percentage of the selling price. The...

Depreciating assets are those business assets that a business can have for a longer period of time to bear future business expenses. Th...

Working capital is an important source by which the company can get the financial report by subtracting the current liabilities from cu...

Before proceeding further first we will take a look at mortgage loans, mortgage loans are considered as a secured loan that is provided...

If you are an entrepreneur and an employee in the company, then you need to understand a lot of business terms and figures like gross i...

Whenever we think of adopting technical anything, we first want to know its pros and cons so that we have no further guilt and our work...