What is Cash Flow Statement Format?
Definition Cash flow statement is consisting of financial information about the inflow and outflow of the company’s cash. The statement […]
What is Current Liabilities?
Definition Current liabilities are company’s obligation or debt that is due within a year. It appears on the balance sheet […]
What is Current Assets?
Definition of Current Assets The current asset is an item of the balance sheet that shows the value of all […]
What is Debt Settlement?
Definition Debt Settlement is a process of offering a large, onetime payment for an existing balance in order to exempt […]
What is Financial Record?
Definition Of Financial Records Financial records constitute the formal documentation that compiles an entity’s financial transactions, whether that entity is […]
what is accounting cycle?
Definition Of Accounting Cycle: At the core of any thriving business operation lies its financial process, with the accounting cycle […]
What is accounting concepts?
Accounting Concepts Accounting is a cornerstone for every organization. This discipline is not just about crunching numbers; it’s a systematic […]
What is Account statement?
Definition: It includes summary of a person’s or a business’s account activities which have occurred during a given period of […]
What is Account History?
Definition: Account history refers to all the transactions established by the account holder. It also includes all those activities with […]
