Cash Dividends

Cash dividends represent ownership to a firm’s distributed profits to shareholders and provide an incentive to investors to own the shares of large companies, even …

Operational and financial budgeting

Budgeting is an important tool of management control, it is a form of managerial planning in order to control the future operations of business. A …

Differences between Discounts and Rebates

Discounts A rebate is a refund or return on the purchase of goods or services. A rebate is returned to the customer after the amount …

Books of Accounts and Document

Books of accounts including vouchers and receipts are required to be maintained under different statutory laws Income Tax Act, Companies Act 2013 and GST Act. …

Key differences between Capital Receipt and Revenue Receipt

Key differences between Capital Receipt and Revenue Receipt

Subsidiary Books of Accounts, Features, Components, Example

Subsidiary Books of Accounts, Features, Components, Example

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 …

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