Articles By Lakshit Choudhary
Activity Ratio: Meaning, Definition, Types, Importance, Purpose
ByActivity ratios indicates the efficiency with which a business uses its assets, such as inventories, accounts receivable, and fixed assets.
Periodicity Concept: all you need to know about
Periodicity Concept: According to this concept accounts should be prepared after every period and not at the end of the life of the entity.
Capital Structure: Meaning, Gearing and Factors for Determining
Capital structure is the composition of different sources of funds like long-term liabilities, short-term liabilities like bank credit....
Accounting for Rectification of Errors: Classification, Suspense
Accounting for Rectification of Errors . To err is human! So, it is obvious that while we are doing the accounting of an entity, we can make..
Cash Basis Vs Accrual Basis of Accounting: The difference
Cash Basis Vs Accrual Basis of Accounting, We all have heard about the cash basis and accrual basis of Accounting, but here we will do a .....
GST on Lottery In India: Intro, Taxability, Invoicing, Time of Supply
GST on Lottery In India: Everyone wants to win a lottery and live life happily ever after. check out Taxability, Invoicing, Time of Supply on
How to Pass Purchase and Sale Entry with GST in Tally 2025?
Purchase and Sale Entry with GST in tally prime 2023: In purchase and Sale entry, whether cash or credit, the procedure in Tally Prime remains
Steps to Locate Errors: Rectification of Errors, Errors in Trial Balance
Steps to Locate Errors: Even if there is only a very small difference in the trial balance, the errors leading to it must be located and.....
Difference between Management Accounting and Financial Accounting
Difference between Management Accounting and Financial Accounting: Business is an economic activity undertaken with the motive of earning....
