Accounting is both science and art. For every type of entity, whether it is large in size or small in size, it is very important to have a proper system of accounting for proper management of an entity’s business operations. An accountant must have a good understanding of the terms used...
Leave in The Factories Act Covered Establishments As all management staff, executives, supervisors, workers, and contract workers fall within the term "worker" under the Factories Act; they are entitled to leave. Below are the different types of leaves in India: Type of Leave Privileged/ Earned...
Check the different types of credit cards in India & choose the best to suit your need. Each type of credit card lets the user enjoy specific benefits & features.
Real Accounts:These are the accounts of all the assets andliabilitiesof the organization. We do not close these accounts at the end of the accounting year and appear in theBalance Sheet. Thus, we carry forward the balances of these accounts to the next accounting year. Therefore, we...
1.(Medicine)meda category into which material, usually a bacterium, is placed based on its serological activity, esp in terms of the antigens it contains or the antibodies produced against it. Also called:serovar 2.(Biochemistry)meda category into which material, usually a bacterium, is placed...
However, they can be very different when it comes to their legal structure. The legal structure determines the type of entity they are which in turn determines the rules that will be applied to them. Here is a list of the types of entities and their relevance to accounting....
Assets are the resources a company or business entity owns with the expectation that they’ll generate income now or produce future economic benefit. Alongside liabilities and equity,assetsare one of the three pillars of the business accounting equation. ...
MBA programs encompass a wide spectrum of business and management areas such as finance, digital marketing, accounting, human resources, and more. The fundamental goal of an MBA program is to give students a well-rounded education in business and management, with a focus on developing analytical,...
enIndia sales tax form types entitya reference to the constant entity holding the list of localized text Attributes NameDescriptionFirst Included in Instance DescriptionTax/TaxSalesTaxFormTypesEntity FormTypeTax/TaxSalesTaxFormTypesEntity TaxTypeTax/TaxSalesTaxFormTypesEntity ...
The auditor for NBFC Audit checks the company's compliance with the required prudential norms based on their income source such as from investments, accounting standards, asset classification, accounting for investments, prohibition of grant in loan against own shares, provisioning for bad/doubtful debt...