Activity ratios indicates the efficiency with which a business uses its assets, such as inventories, accounts receivable, and fixed assets.

Periodicity Concept: According to this concept accounts should be prepared after every period and not at the end of the life of the entity.

Capital structure is the composition of different sources of funds like long-term liabilities, short-term liabilities like bank credit....

Accounting for Rectification of Errors . To err is human! So, it is obvious that while we are doing the accounting of an entity, we can make..

GST on Google Adsense publisher: GST on online advertisements and impact on website publishers. Thousands of people write blogs, write...

Cash Basis Vs Accrual Basis of Accounting, We all have heard about the cash basis and accrual basis of Accounting, but here we will do a .....

GST on Lottery In India: Everyone wants to win a lottery and live life happily ever after. check out Taxability, Invoicing, Time of Supply on

Purchase and Sale Entry with GST in tally prime 2023: In purchase and Sale entry, whether cash or credit, the procedure in Tally Prime remains

Steps to Locate Errors: Even if there is only a very small difference in the trial balance, the errors leading to it must be located and.....