Provision And Reserves
The Provision means to keep some money for a known liability which is probable to arise after a certain time. The Reserve is to retain some money from the profit to for any particular future use. The amount of provision cannot be used to pay off dividends, but the amount of the reserves can be used for so.
Abdul Ahad
Format of PROFIT and LOSS account
An income statement or profit and loss account is one of the financial statements of a company and shows the company’s revenues and expenses during a particular period. It indicates how the revenues are transformed into the net income or net profit.
Excel Introduction
Microsoft Excel is a spreadsheet program that is used to record and analyse numerical data. Think of a spreadsheet as a collection of columns and rows that form a table. ... The address of a cell is given by the letter representing the column and the number representing a row.
Internet Basic
Internet Basics. ... The Internet and the Web are two separate but related things. The Internet is a massive network of networks. It connects millions of computers together globally, forming a network in which any computer can communicate with any other computer as long as they are both connected to the Internet.
Ratio Analysis 1
Ratio analysis is a quantitative method of gaining insight into a company's liquidity, operational efficiency, and profitability by comparing the information contained in its financial statements. Ratio analysis is a cornerstone of fundamental analysis.
HLOOKUP & Vlookup
HLOOKUP and VLOOKUP are functions in Microsoft Excel that allow you to use a section of your spreadsheet as a lookup table. ... The V in VLOOKUP stands for vertical search (in a single column), while the H in HLOOKUP stands for horizontal search (within a single row).
Depreciation
In accountancy, depreciation refers to two aspects of the same concept: The decrease in value of assets The allocation of the cost of assets to periods in which the assets are used Depreciation is a method of reallocating the cost of a tangible asset over its useful life span of it being in motion.
Final Accounts
Final accounts gives an idea about the profitabilitty and financial position of a business to its management, owners, and other interested parties. All business transactions are first recorded in a journal. They are then transferred to a ledger and balanced. These final tallies are prepared for a specific period.
Format Of Balance Sheet
In financial accounting, a balance sheet or statement of financial position or statement of financial condition is a summary of the financial balances of an individual or organization
Business Ethics 2
Business ethics is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.
Intellectual Property Right
Intellectual property is a category of property that includes intangible creations of the human intellect. Intellectual property encompasses two types of rights: industrial property rights and copyright.
Business Strategy
A business strategy is the means by which it sets out to achieve its desired ends (objectives). It can simply be described as long-term business planning. ... Growth i.e. the expansion of the company to purchase new assets, including new businesses, and to develop new products.