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There are some conceptual issues that need to be understood in order to lay a solid foundation on how accounting works.

Amortization refers to the process of paying off debt through scheduled, predetermined installments, including principal and interest.

Accounting Principles are the general rules and guidelines that companies must follow when reporting all accounting and financial data.

The term “Debenture” comes from the Latin word “debere” which means “borrow”.

A ledger is created when there are multiple entries in different accounts.

Dividend are part of the profits and retained earnings that a company pays to its shareholders.

The Balance Sheet provides a statement of a company’s assets, liabilities, and shareholders’ equity at a particular point in time.

Short-term Investment Pool (STIP) is cash, an investment pool established by Regents in 1976.All university endowment groups

Mutual Funds are one of the most popular mutual options these days.

What is the constituents of financial market?
The financial service market mainly consist of money market and capital market.

What is financial services?
Financial services refers to the money related benefit or satisfaction derived from the services provided by financial service providers like Banks, Non- banking companies financial intermediaries, stock brokers, financial agents etc.

What is small finance bank?
Small finance bank is a niche banking system.

What is industry?
Industry refers to all economic activity that is concerned with primary, secondary and tertiary activities production of goods, extraction of minerals or the provision of services.

What is NBFC?
The non-banking financial companies (NBFCs) are those institutions which are non-banking in nature.

what is BOP?
The balance of payments (BoP) records the transactions in goods, services and assets between residents of a country with the rest of the world for a specified time period typically a year.

What is business?
Business is an economic activity of human beings performed for production and distribution of goods and services.

What is privatisation?
Privatisation refers to transfer of ownership, management and control of the public sector enterprise to the private sector.

What factors determine location of business?
Raw materials, labor, land, place etc. are some of the significant determinants of location of industry.

what is monetary policy?
Monetary policy refers to the actions undertaken by monetary authority of a country to control money supply and achieve sustainable growth.

Failure to take trending courses can cause lack of skills necessary for finding a job or retaining one during the new normal.

In this article, we will discuss the best 10 websites that all engineering students should use which will not only help them in their studies but also widen their concepts and creativity to think out of the box.

The degree of curvedness is used to determine the shape of a plane curve. Curvature is the measure of rate of change in of curvedness.

Simpson’s rules are very useful in numerical integration to evaluate such integrals. Here we will understand the concept of Simpson’s rule.

A differential equation of the form dy/dx + Py = Q is known as a linear differential equation or simply LDE.

If the change in one variable affects a change in other variable, then these two variables are said to be correlated.

A Maclaurin series is a special case of Taylor series. The Taylor’s series is an expansion of a particular function about a point ‘a’.

The concept of probability distributions gives the idea about the probabilities of any random experiment. let’s know more about probability distributions.

An equation consisting differential co-efficient is called a differential equation. There are two types of differential equations.

The differential equations having function of the same degree are said to be homogeneous differential equations.

A partial derivative of a function of several variables is an ordinary derivative with respect to one of the variables when all the other variables remain constant.