Meaning of ‘Account’

The word ‘account’ has multiple meanings in different contexts, so you need to check the background
December 6, 2019

Accruals and Provisions

In accounting, the term accruals refer to those obligations for which a formal demand of payment
November 18, 2019

Bookkeeping and Accounting

What is Bookkeeping? What is Accounting?   Bookkeeping vs Accounting What is the difference between bookkeeping and accounting? What is the
November 18, 2019

Assets and their types

Definition An asset by definition is a “resource in the control of the entity from which economic
November 1, 2019

Impairment of Assets

Impairment by definition: “Impairment is a factor which hampers the ability of an asset to yield future
November 1, 2019
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