Archive | Articles

Today man’s scientific knowledge is very wide and highly advanced. It has helped him to discover and invent many things for his ease, comfort and efficiency. Computer is the latest and most brilliant child of science.

There have been some misgivings against the middlemen in general and the wholesaler in particular. F.C. Clark, in his book ‘Principal of Marketing’ says…

Cuttack is the largest city of Orissa, jointly with apparently newly planned city Bhubaneswar. According its natural features, Cuttack has three physical divisions.

Trading account is prepared to find out the amount of Gross Profit or Gross Loss in a particular period of time

A sole-trade business is such a form of organization which requires no formalities to set it up. Any individual can set up a business whenever he likes.

The following points or precautions are taken into account while preparing the final accounts:

Sometimes, some expenditure is of revenue nature but its benefit likely to be derived over a number of years. Such expenditure is called deferred revenue expenditure.

The amounts shown as assets are known as capital expenditure, capital expenditure normally yields benefit over a long period. Capital expenditure results in fixed assets.

While preparing the final accounts following rules should be followed:

A number of factors have been considerate essential before a concern can be successfully launched. In addition to all other factors, there is one more important factor

The principal features of an incorporated company can be summarized as follows:

For the registration of a company, the following documents, together with necessary fees, must be submitted to the Registrar of Companies of the State in which the registered office of the company will be situated.

The expenditure which is charged against revenue while preparing the profit and loss account is known as revenue expenditure. It means the expenses shown in the profit and loss account are called revenue expenditure.

After preparing the trial balance final accounts are prepared to achieve the objectives of accountancy.

Adequate availability of inexpensive energy is the most important demand of today. Economic growth and industrialization both are dependent on the availability of energy.

I think that it is better for children to group in a big city because living there and getting use to it will prepare them for the real life. Living in village or small towns may prevent children from fitting into the society.