Liquid for Final Statement of A/c Receivers Receipt and Payment A/c

The liquidator’s task is to realise the assets and disburse the amounts among those who have a rightful claim to it; in every case the …

Accounting Principles Meaning and Need

Accounting Principles Meaning and Need

Accounting Standard 3 (AS3: Revised)

AS3 revised in 1997 has recommended revised Cash Flow Statement [CFS] for listed companies and other industrial, commercial, and business undertakings in the private and …

Brief Discussion on Management of Cash

The Cash Management is concerned with the collection, disbursement and the management of cash in such a way that firm’s liquidity is maintained. In other words, it …

Purchasing functions and Systems

Purchasing systems are ways for companies to efficiently purchase goods and services at optimum terms and the best prices. Many companies use computerized purchasing systems and …

Classification of Capital And Revenue Expenditure

Capital and Revenue expenditures

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