Commerce

The Preamble of the Constitution serves as an introduction to the Constitution. Therefore, it secures justice, liberty, equality to all the citizens…

Bookkeeping is just part of the accounting process that handles the recording of transactions.

actors of production transforms those resources into different goods or services which is made available to the end user.

The income elasticity is measures the sensitivity of quantity demanded for a goods or services to a change in consumer’s income

A Partnership is a type of business in which a formal agreement is reached between two or more people who agree to…

The Fundamental Duties defines as the moral duty of all citizens to promote the spirit of patriotism and help maintain the unity…

A Non-Profit Organization is an organization established for the purpose of social welfare and the promotion of social arts and culture.

Accounting Conventions are a common method used as a guideline when recording commercial transactions.

Derivatives are financial securities that depend on or derive from the underlying asset or asset group (benchmark).

The Secondary market is the market in which securities that are being issued in the Primary market are traded by market participants.

Forensic Accounting is a technique for examining accounting records, financial statements, and other related financial records.

Accrual Accounting is an accounting method that requires an individual to record all transactions in the books at the time of occurrence.

Treasury bills are money market instruments.

Repo means repurchase agreement. It is a money money market instrument.

Bank rate is the rate at which the central bank of a country lends money to commercial banks.

The variable cash reserve ratio is one of the techniques/tools of the credit control policy of the central bank of a country.

IPO stands for Initial public offerings. Initial public offerings refers to a method of offering public issues.

The electoral bonds were introduced with the Finance Bill (2017).

Bills of Exchange is a negotiable instrument.

Money market mutual funds (MMMFs) is a scheme of mutual funds. It was introduced with the objective to provide short term investment avenues to potential investors.

Co-operative banks are financial institutions established on a co-operative basis.

Job Costing is a method of costing using continuously identifiable units, applicable materials that directly drive the production process.

Fundamental Rights are essential human rights that are offered to every citizen irrespective of caste ,race , creed, place of birth ,…

A financial market is a place of business in which various types of bonds and securities are traded.

Each time an accounting transaction is created, at least two accounts are always affected, a Debit and Credit.

The Constitution of India stipulates specific Directive Principle of State Policy, which is the basis of national governance. Since these principles constitute…

Memorandum of Association is a legal document that must be submitted to the company’s registration body at time of establishment. This is…

Accounting equations are equations used to understand the impact of relationships in financial activities within a company.

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

Trading Account help us to determine the gross profit or total loss of business concerns, created strictly from trading activities.