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What is subscribed capital stock?
Subscribed shares are shares that investors have promised to buy. These shares are usually subscribed as part of an initial public offering (IPO). Subscri...
Dec 31, 2025 1 views
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What are the types of Computerised accounting?
Examples of accounting software packages designed for small businesses include QuickBooks, Sage (or Peachtree), and Bookkeeper. Depending upon which versi...
Dec 31, 2025 1 views
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Is revenue an expense?
Revenues and Expenses Rather, revenue is the term used to describe income earned through the provision of a business’ primary goods or services, while exp...
Dec 31, 2025 0 views
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What is the similarity between balance sheet and income statement?
The balance sheet and income statement are both important financial statements that detail the financial accounting of a company. The balance sheet detail...
Dec 31, 2025 0 views
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What is budgeting and forecasting process?
Budgeting, planning and forecasting (BP&F) is a three-step strategic planning process for determining and detailing an organization’s long- and short-...
Dec 31, 2025 0 views
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What is the first step in the accounting process?
The first step in the accounting cycle is gathering records of your business transactions—receipts, invoices, bank statements, things like that—for the cu...
Dec 31, 2025 0 views
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What is a good cash adequacy ratio?
As a general rule, a company should aim to have a cash flow adequacy ratio of 1 or above. This would indicate that the business would be able to meet its ...
Dec 31, 2025 0 views
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How do you calculate net accounts receivable?
You calculate net receivables by subtracting allowance for doubtful accounts from accounts receivable (A/R) on the balance sheet. The formula is A/R – all...
Dec 31, 2025 0 views
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What is the difference between net profit and taxable profit?
Comparison Chart The term accounting profit refers the company’s income obtained after reducing total expenses from total revenues. The term taxable profi...
Dec 31, 2025 0 views
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How do you send a Cash Explosion entry ticket?
Can I still mail my tickets to the Game Show P.O. Box? For Cash Explosion Tickets with the word ENTRY appearing 3 times: Players may enter mailing tickets...
Dec 30, 2025 0 views
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How do you use order of importance?
When using the order of importance pattern of organization, information can be structured from most important to least important or least important to mos...
Dec 30, 2025 0 views
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How can I become a CS secretary?
Eligibility to become Company Secretary (CS) After Class 12, students must take up ICSI Foundation course. After qualifying the ICSI Foundation course, st...
Dec 30, 2025 0 views
