Month: December 2017

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What is a Stock Swap?

First it is need to be known Who is an acquiree and acquirer. Acquiree is the company that is being acquired or purchased in a merger or acquisition process. Acquirer is the company that is purchasin‥
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Golden Rules of Accounting

Accounts is all about understanding the Golden rules. From a journal entry the process of accounting starts and for this, it is basically necessary to understand the golden which is a handy formula f‥
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Some Basic Accounting Terms

One need to grasp the following common expressions always used in business accounting. Transaction: It means an event or a business activity which involves exchange of money or money's worth between ‥
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Various branches of Accounting

Financial Accounting It is commonly termed as Accounting. The American Institute of Certified Public Accountants defines Accounting as "an art of recoding, classifying and summarizing in a signi‥
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Need of banks in a Country

We all have a bank account these days. Specially after demonetization and digital cash initiatives in India the number are increasing. But the question is why there is a need of Bank. A sound banking‥
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Who use Accounting Information?

Accounting books gives us vital information about the company and in this post you will learn who make use of what information from a accounting book. The users are categorized in two types External ‥