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Category Archives: Accountancy

When a partner retires from the firm, the firm is reconstituted. The firm continues its business with a change in the profit-sharing ratio. The account… Read More
Accumulated profit refers to a part of the firm’s net profit that is preserved by the firm for future growth. It is also known as… Read More
On the death of a partner, the partnership comes to end. The death of a partner does not mean the firm comes to an end… Read More
What is Net Profit Ratio? Profitability is the primary goal of any firm. Profitability Ratios are determined to examine a company’s earning potential, which is… Read More
For any organisation, it is important to enjoy a sound and strong financial position. A sound financial position helps the business to meet up all… Read More
What is Revaluation of Assets and Liabilities? The value of Assets and Liabilities undergoes a change with the passage of time due to many reasons,… Read More
For the estimation of an organisation’s future progress, it is essential to look into its past performance, for which performing a comparative study of two… Read More
What is Cash Flow? The movement of cash & cash equivalents or inflow and outflow of cash is known as Cash Flow. Cash inflows are… Read More
What is Redemption of Debentures? Repayment of debentures to the debenture holders or discharge of the liability on account of debentures is known as the… Read More
In a Partnership, the profit is divided among partners according to the conditions mentioned in the partnership deed. For example, according to the conditions of… Read More
What is Redemption of Debentures? Repayment of debentures to the debenture holders or discharge of the liability on account of debentures is known as the… Read More
What is Investment Fluctuation Fund? A reserve that is created out of profit to meet the change in the market value of the investment is… Read More
What is Debenture? A debenture can be described as a debt instrument issued by a company to the public in order to raise funds for… Read More
What is Redemption of Debentures? Repayment of debentures to the debenture holders or discharge of the liability on account of debentures is known as the… Read More
What is Redemption of Debentures? Repayment of debentures to the debenture holders or discharge of the liability on account of debentures is known as the… Read More

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