Definition of the loan in tally accounting?

Definition of the loan in tally accounting?

Definition of the loan in tally accounting? Definition of the loan in tally accounting? A friend’s loan is money taken by a person or company from any bank or financial institution to fulfill his personal needs. In which we pay back that money with interest. In simple language, the loan is said to be the … Read more

What Is Finance?

What Is Finance?

What Is Finance? Finance is a term for matters regarding the management, creation, and study of money and investments. Finance can be broadly divided into three categories: “Finance” is typically broken down into three broad categories: Public finance includes tax systems, government expenditures, budget procedures, stabilization policy and instruments, debt issues, and other government concerns. Corporate finance … Read more

What is Capital in Accounting?

What is Capital in Accounting?

What is the meaning of capital in business? What is the capital, and what are the types of capital? The simple meaning of capital can be applied to money. All those things can be taken in the capital which gives profit to the owner. The word capital can be used to mean money, but it is not possible … Read more

Unsecured Loan In Accounting

Unsecured Loan In Accounting

Unsecured Loan In Accounting Meaning Of Unsecured Loans Loans are funds extended by banks or financial institutions based on the agreement that the borrower would repay the amount in full along with certain interest on a monthly basis. The monthly instalment which is paid back to the bank or financial institution is termed as equated monthly … Read more

What is Drawing in Accounting

What is Drawing in Accounting

Understanding drawing in accounting What is drawing? and how to maintain drawing in accounting? The simple meaning of drawing is that when some item or cash is taken out of the business by the owner of the businessman, then it is known as drawing. Drawing is a type of representational personal account. When a person starts a new … Read more

What are B2B Sales?

What are B2B Sales?

What are B2B Sales? Business-to-business (B2B) describes a relationship, situation, or marketplace between one business entity and another. A B2B company is one that sells to other businesses. B2B sales refer to a sales model or a category of selling wherein a business sells its products or services to another business. Because B2B sales usually involve … Read more

Direct vs Indirect income in accounting

Direct vs Indirect income in accounting

Direct vs Indirect income in accounting Direct vs Indirect income in accounting, friends, when a person starts a business, then that person wants that he should profit from business. And when he starts business, we come to know only through income that the person is getting profit in business or  loss. So friends today in … Read more

Difference between capital and moeny?

Difference between capital and moeny?

Difference between capital and money? Difference between capital and moeny? and what are the types of capital? The simple meaning of capital can be applied to money. All those things can be taken in the capital which gives profit to the owner. The word capital can be used to mean money, but it is not possible to … Read more