by Phillip | Jul 9, 2017 | Accounting
Fixed asset expenditure is classified into two parts namely capital expenditure and revenue expenditure. Capital expenditure is the expenditure that is included in the cost of fixed asset. Purchase cost and delivery cost are included in capital expenditure. With...
by Phillip | Jul 9, 2017 | Accounting
Interest on drawings is interest earned on the amount taken as a loan by partners from capital account. Interest on drawings is income to a company while an expense to partners. Drawings can be through cash withdrawal or goods withdrawal. Drawings are also made...
by Phillip | Jul 9, 2017 | Accounting
While dealing with the subject of Human Resource Management, you will definitely come across an important topic named Employee Hire and Status Changes. This is a very elaborate concept which involves many sub-disciplines, and that is the reason you may face a lot of...
by Phillip | Jul 9, 2017 | Accounting
Accounting is a really useful subject, and it has practical applicability in real life situations. But sometimes it can be really troublesome to deal with its complicated topics and one such situation where you may get stuck completely is finding faculty discretionary...
by Phillip | Jul 9, 2017 | Accounting
The growing pressure of academics is a serious trouble for all the students,and you may be alsoone of them. The main thing that adds to the misery factor is a daily dose of homework. If you are dealing with the subjects like accountancy or business management, then...