Modern Day research has shown that music has the ability to improve concentration while self-studying. We at Unique Learning Academy Believe that Students should have all kinds of proper tools for study.Right kind of music…
Expense: Expense is the cost incurred for generating revenue (producing goods and services for sell purposes). According to R.N. Anthony, "Expense is a monetary measure of inputs or resources consumed." It is a value which…
Expenditure Money spent or liability incurred for acquiring goods or services or assets is called expenditure. Thus, expenditure is a payment for a benefit received. Examples: Payment of rent, salary, purchase of goods, purchase of…
An entity in accounting language refers to an economic unit engaged performing economic activities like Nikunj Enterprises, Maruti Suzuki, Dabur India, DLF, Bajaj Auto etc Business Transaction The term business transaction refers to a financial…
Definition "Accounting is the art of recording, classifying, and summarising in a significant manner and in terms of money; transactions and events which are, in part at least, of a financial character, and interpreting the…
Accounting for Partnership Firm| Fundamentals - Part 2| Profit and Loss Appropriation Account (with PDF & Video Lecture) – Class 12 (2022-23)| CUET/NCERT Division of Profits among Partners Profit is distributed among all partners after…