Tender Vs Quotation: Tender : Tender is a very important way of procuring goods and services for a company, especially a public sector company. In fact, tender is a document that lays down the terms and conditions of the offer; the work required to be done that in an acceptable quality is also spelt out … Read more
What is Punctuation marks | Use of punctuation marks Punctuation Marks What is punctuation marks ? Punctuation marks are needed to bring clarity to one’s writing If a punctuation mark clarifies the bent It must be used; if not it should be omitted. Look at these two examples. Shortly after, I received instructions from the … Read more
Multiple Choice Questions (MCQs) quiz for the chapter “Bills of Exchange” for the students to test their understandings. This MCQs quiz will also be helpful to prepare for their exams, interviews and to clear their concepts. The Bills of exchange MCQs quiz consists of 62 multiple choice questions. Students need to choose the correct option for … Read more
This concept states that revenue from any business transaction should be included in the accounting records only when it is realised. Revenue is said to have been realised when cash has been received or right to receive cash on the sale of goods or services or both has been created. Significance- It helps in making … Read more