The year is 2020, and the pandemic is making everyone work from their homes. Suddenly, people need super-fast WiFi, comfortable…
What is Double Entry System of Accounting? The double-entry system is a method of accounting that records financial transactions in…
Fixed Cost is the business expenditure that is not affected by how much the business sells. This business expense remains…
Today, most trade happens on a credit basis – cash rarely exchanges hands without a bill of exchange. Most, if…
Starting a business today is easier than ever – and it’s mostly thanks to fintechs. Fintechs, or financial technology companies,…
Banking Banking refers to the umbrella of services provided by financial institutions, such as accepting deposits and providing loans. Banking…
When you need to buy 1 kg of wheat flour, you go to your neighbourhood grocery shop. But when you…
The government of India levies tax on income earned by every individual or business – this is called Income Tax.…
Corporate accounting is a special kind of accounting meant for businesses to record and monitor money movement. It deals with…
What is LLP? LLP or Limited Liability Partnership is an alternate form of business where the founders’ liability is limited…