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In this article, we are discussing the format of profit & loss account statement of the company and general instructions as per companies act 2013 for the preparation of the final account of companies, which is essential for companies and useful for commerce and management students. Format of the statement of profit and loss Account […]
In this topic , we will discuss the financial statements of a company and provisions of Section 129 of the Companies Act, 2013 in this regard; Financial statements Financial statements are the statements which provide information about the profitability and the financial position of an enterprise. They provide a summary of the accounts of a […]
In this topic, we will cover Management Accounting – meaning, definition, Nature or Characteristics, Objectives, Importance, and scope which is useful for every organization whether it is for-profit or nonprofit. and useful for commerce and management students.\ Let’s start learning about the meaning, definition, Nature or Characteristics, Objectives, Importance, and scope of Management Accounting. Meaning […]
In this topic we will cover Accounting concepts and principles which are the basis of accounting statements and useful for commerce and management students. Accounting concepts and principles Accounting principles, concepts and conventions commonly known as Generally Accepted Accounting Principles or GAAP`s are the basic rules that define the parameters and constraints within which accounting operates. […]
In this topic, we will cover Financial Leverages – operating, Financial & Composite leverage (Management) which is an important technique to measure the effectiveness of capital structure owned by any business organization and useful for UGC NET, Commerce, and Management students. Keep reading our latest articles subscribe to our blog from below: Financial leverages- Financial […]
In this topic, we will discuss some important Multichoice Questions (MCQs) of Income-tax and corporate tax planning for UGC NET Commerce. It is also useful for UGC NET Management, MBA, BBA, B.COM, M.COM, and CA, CPA, CS Students. Income-tax and corporate tax planning MCQs for UGC NET Commerce 1. Tax is imposed irrespective of the […]
In this topic we will cover some basic MCQs for Business Economics which is useful for UGC NET, Commerce, Economics and Management Students. For Keep reading our latest articles subscribe our blog from below. Business Economics MCQs The process by which resources are transformed into useful forms is a) Capitalisation b) consumption. c) allocation. d) […]
In this topic, we will cover some important MCQs for Indian Banking System and Financial Institutions for UGC NET Commerce. For More MCQs, you can read on our android App. Indian Banking System & Financial Institutions MCQs (UGC NET Commerce) The performance of which scheme does the National Housing Bank monitor? a) Liberalized Finance Scheme […]
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 […]
In this topic, we will cover basic concepts of price elasticity of demand, degrees, meaning, and types. As this is the part or topic of Business Economics, useful for Commerce, Management, and UGC NET Students. Meaning of Elasticity of Demand: Demand extends or contracts respectively with a fall or rise in price. This quality of […]
In this topics, we will cover the most important MCQs for Business Environment and International Business. We are daily posting blog articles where the students can read them freely on our Android App. The Business environment MCQs and International Business is the part of UGC NET Commerce and Management. Business Environment (International Business) MCQs ——–is […]
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