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Accounting Reserves: Concept

Accounting Reserves: Concept

Several times we have heard the word reserve in accounting but the exact meaning…

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Understanding Methods of Depreciation

Generally, methods for providing depreciation are based on the formula developed on a study of…

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Double Entry System

Double entry system of book keeping is the most popular scientific system of accounting.…

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IL&FS fiasco and accounting ratios

IL&FS fiasco and accounting ratios

We have a space constraint, so let us not discuss what was discusses in…

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Creation and Submission of GSTR-1– GST Part-IV

In today’s blog we will discuss how to file GSTR-1. GSTR-1 (Goods and Service…

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Bank Loans

I have got a call from a lady “Sir I am calling from ****…

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