Showing posts from December 9, 2014

What is Liability

Liability:- Liabilities are claims against assets by the bodies outside of the business. E…

What is Asset

Asset:-   Assets are tangible and intangible items that have value in exchange which the busi…

What is Capital Expenditure

Capital Expenditure:- Capital Expenditure is an expenditure which is capitalized as occurred. …

What is Revenue Expenditure

Revenue Expenditure:-   Revenue Expenditure is an expenditure which is expend as occurred. It…

What is Finance Costs

Finance Costs:  Finance costs are those costs associated with providing the permanent, long te…

What is Fixed Asset

Fixed Asset:-   Fixed Assets are long term assets with a maturity of more than one year. …

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