Features Of Income And Expenditure Account
Keshav Poudel
September 10, 2018
The main features of income and expenditure account can be highlighted as follows: 1. No Opening Balance Opening balance is not require ...
September 10, 2018
Features Of Receipt And Payment Account
Keshav Poudel
September 10, 2018
Introduction Receipt and payment account is a financial document that summarizes the cash and bank transactions of the organization during ...
September 07, 2018
Factors Affecting Depreciation Amount
Keshav Poudel
September 07, 2018
Following factors should be considered while determining the amount of depreciation or depreciation expense : 1. Acquisition Cost Or Orig...
Causes Of Depreciation
Keshav Poudel
September 07, 2018
The main causes of depreciation of assets can be expressed as follows: 1. Regular Use Regular and constant use may reduce the efficiency...
Objectives Of Balance Sheet
Keshav Poudel
September 07, 2018
The main objectives of preparing balance sheet can be described as follows: 1. To Reveal The Financial Position The main purpose of prep...
September 06, 2018
Objectives Of Profit And Loss Account
Keshav Poudel
September 06, 2018
Introduction Profit and loss account (also called income statement) refers to the financial document that summarizes firm's revenues an...