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Category Archives: School Learning

Goodwill can be defined as the value of the business. It is the intangible asset of the business. An enterprise earns more profit than the… Read More
Businesses choose different methods for calculating depreciation according to their need. One of the most prominent methods for calculating depreciation is the Straight Line Method.… Read More
The term ‘leader’ has emerged from the word leadership. An individual who possesses attributes of leadership is known as a leader. They focus to satisfy… Read More
A number of activities happen around us in our daily life, such as activities performed in shops, offices, hospitals, etc. The collection of these organisations… Read More
After the admission of a new partner or retirement or death of old partners in a partnership business, the new profit sharing ratio is calculated… Read More
Businesses choose different methods for calculating depreciation according to their need. One of the most prominent methods for calculating depreciation is the Written Down Value… Read More
Depreciation refers to the decrease in the value of assets of the company over the time period due to use, wear and tear, and obsolescence.… Read More
The process of influencing the behaviour of people towards achievement of organisational goals is known as Leadership. It indicates the ability of an individual to… Read More
When the firm is reconstituted all the accumulated profit, reserves and losses are transferred to Partner’s Capital Accounts (if capitals are fluctuating) or Current Accounts… Read More
Profit and Loss Appropriation Account is prepared by a partnership firm to appropriate the net profit of the accounting year among the partners. Profit and… Read More
Behind every successful organisation, there is a highly motivated and committed team of employees. Since motivation is complex as it deals with human behaviour, various… Read More
Training and development is one of the most important aspects of staffing. The process of increasing the knowledge, skills and abilities of employees for doing… Read More
The bank rate is a conventional weapon of credit control utilized by a national bank. To carry out its role as moneylender after all other… Read More
The Ministry of Human Resource Department (MHRD) was laid out in the year 1985 by the Government of India (GOI) to give a useful stage… Read More
One of the essential elements for the survival of all living things is nitrogen. It is a need for the formation of numerous biomolecules, such… Read More

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