Have you ever thought of the fact why certain business expenses are different from others? All the answer lies in the fundamental differences between capital & revenue transactions. In this blog you will learn about the basics of capital and revenue transactions. This will help you to meet your goals with ease. As things are […]
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Accounting concepts & conventions can become complicated for you if you do not possess a clear idea about them. All the financial transactions are done on the basis of these basic principles. You also need to follow them to complete your financial record-keeping process. Your concepts regarding this matter need to be absolutely crystal clear. […]
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In India, if you own a house and it generates revenue in the form of rent or in any other form, then it falls under income from house property. As per the Income Tax Act 1961 if you own any house property and it generates revenue for you then it is a taxable income. Now, […]
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Whenever you develop a strategic business plan then accounting records play a vital role in contributing the business growth. A chart of accounts in accounting can offer you a clear picture of the current status of your business’s financial position. All the financial data of your business can help you to make the right strategic […]
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Are you interested in developing your career as an accountant but you come from a science background in your 12th? I think this question is striking your mind repeatedly and making you confused about your career choice. Can science students become an accountant will no longer be a worry if you read this article? So, […]
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Are you worried about the accounts payable interview questions? If yes then this article can prove to be a game changer for you. Just you have to do one simple thing read this article till the end to get all the answers to your query. First of all, do not take too much stress and […]
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