Posted inStudy Material
Business Environment: Meaning, Importance, Dimensions and More
The business environment refers to all of the external forces that affect a business. It encompasses everything about a company that…
Posted inStudy Material
Bank Overdraft: Meaning, Types & More
A bank overdraft is a transaction in which the owner of an account withdraws more than is available in the…
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Auxiliaries to Trade: Meaning, Types, Components and Importance
Auxiliary to trade covers a comprehensive range of services and activities that aid and facilitate the smooth conduct of trade…
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Balance Sheet vs Profit Loss Account: What Comes First?
When calculating the financial health of a firm, there are two applicable financial statements: the balance sheet and the profit…
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Cash and Cash Equivalents: Understanding & Importance
Cash and cash equivalents, the most liquid assets in most companies, are those that can be quickly converted into cash…