What is financial year
In EnglishIn Hindi Financial Year A Financial Year is a 12-month period used by businesses...
Difference between Purchased Goodwill and Self Generated Goodwill
In EnglishIn Hindi Introduction “Did you know that a good reputation of a shop is...
Factors affecting Goodwill of a business
In EnglishIn Hindi What are the factors affecting Goodwill ? Goodwill can arise due to...
Meaning of Goodwill in Partnership Accounts
Investment Fluctuation Reserve in Partnership Accounts
Meaning of Investment Fluctuation Reserve Meaning of Investment We all earn income and make expenses....
Workmen Compensation Reserve in Partnership Accounts
Meaning of Workmen Compensation Reserve Meaning of Workmen Workmen means any person (male or female)...
Past Adjustments in Partnership Accounts
What are Past Adjustments Past adjustments refer to corrections made to the accounts of a...
Guarantee of Profits in Partnership Accounts
What is the meaning of Guarantee of Profits When one or more partners give guarantee...
Profit and Loss Appropriation A/c
What is Profit and Loss Appropriation A/c Profit and Loss Appropriation Account is a nominal...
Commission to Partners
Meaning of Commission to Partners There are several ways in which the profits are appropriated...
Interest on Loan by firm to Partner
Meaning of Loan by firm to partner Meaning – If a partner borrows some amount...
Interest on Loan by partner to Firm
Meaning of Loan by partner to firm Meaning – Each partner contributes Capital to the...