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In this topic, we will cover some important points of Amalgamation methods, Absorption, purchase consideration & External reconstruction in corporate accounting. For daily updates for articles, notes, books, ebooks, and online courses directly in your inbox, you can subscribe to our newsletter below via your email. Amalgamation: Accounting Standard 14, deals with Amalgamation. Amalgamation is […]
Journal, Ledger and Trial Balance (Financial Accounting) In this article, we will discuss the basic concepts of financial accounting i.e. journal, ledger, and trial balance as per financial accounting rules. In this topic, we also cover how to prepare journal, ledger, and trial balance with practical problems and solutions. 1. JOURNAL Definition: In the accounting world, Journal […]
What is a Portfolio? Portfolio and Portfolio revision – A combination of various investment products like bonds, shares, securities, mutual funds and so on is called a portfolio. In the current scenario, individuals hire well trained and experienced portfolio managers who as per the client’s risk-taking capability combine various investment products and create a customized […]
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