A businessman has two options while taking a loan for his business. Either to opt for long term funding like LAP (Loan against property) or…
Debit cards are extremely useful and convenient as it relieves us from the stress of carrying a cash heavy wallet, a cheque book, and yet…
What is HTTP? Full form of HTTP is Hypertext Transfer Protocol. HTTP offers set of rules and standards which govern how any information can be…
What is a Network? The network is two or more connected computer which can share resource like a printer, an internet connection, application, etc. It…
Differences between RAM and ROM are : RAM 1. Random Access Memory 2. Volatile(maintains its data while the device is powered) 3. Stores information temporary…
Definition of Hackers :- A hacker is a person intensely interested in the arcane and recondite workings of any computer operating system. Hackers are most…
The balance of payment is the record of dealings in goods, services and assets, between the citizens of the nation and the rest of the world. It…
Balance Sheet, or otherwise known as position statement, is a statement which shows the financial position of the company on a specific date. It lists…
Trading Account is an account that is prepared by the entities to know the profit earned or loss suffered from trading activities. On the other…
Dematerialization is nothing but paperless trading, that has been introduced in a few years ago. In this process, the physical certificates are transformed into the…
Net profit can be understood as the profit arrived after working on all expenses (both cash and non-cash), interest, taxes, and losses. It is the actual…
Before going to open an account in a bank, one should be clear in mind, as to which type of account is best suits their…
Savings refers to that part of disposable income, which is not used in consumption, i.e. whatever is remained in the hands of a person, after paying…
Revenue, profit and income, are three terms which sound same to a layman, although in business terminology there is a huge difference between them. Revenue implies the…