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Home » Finance

Single Entry System – Types and Benefits

January 21, 2021 By Hitesh Bhasin Tagged With: Finance

Single entry system

In a single entry system of accounting, there occurs one entry for one transaction, either it is an income or expense account. A cash book…
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Value Added Tax – Definition, Meaning, Examples, Advantages and Disadvantages of VAT

January 14, 2021 By Hitesh Bhasin Tagged With: Finance

Value added tax

Value added tax is assessed incrementally, and it is calculated on the amount by which the value of any product or service increases at each…
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Green Bond Definition – Types and Benefits

December 28, 2020 By Hitesh Bhasin Tagged With: Finance

Green Bond

Definition Green Bond is a bond issued by the Government, which is also tax-free and serves the purpose of financing projects aimed at mitigating climate…
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Impact Investing | Types, Importance & Characteristics

December 8, 2020 By Hitesh Bhasin Tagged With: Finance

Impact Investing

Impact investing is made to generate some measurable, positive, and productive environmental and social impacts together with financial returns. The primary objective of impact investing…
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The 10 Principles of Accounting

December 8, 2020 By Hitesh Bhasin Tagged With: Finance

Principles of Accounting

Principles of accounting revolve around rules and guidelines suggested by FASB (Financial Accounting Standards Board) that companies need to follow during account management associated with…
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9 Key Limitations of Accounting

December 5, 2020 By Hitesh Bhasin Tagged With: Finance

Limitations of Accounting

Accountancy has undoubtedly developed as a structured branch of study. It has gained immense acceptance and acknowledgment as a piece of applied knowledge. It assists…
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The Golden Rules of Accounting

December 4, 2020 By Hitesh Bhasin Tagged With: Finance

Golden Rules of Accounting

If your accounting has become an aimless mess, then Golden Rules of Accounting can resolve all the issues in your system of debit and credit….
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How To Calculate Marginal Cost (with Steps and Formula)

January 17, 2021 By Hitesh Bhasin Tagged With: Finance

What is Marginal Cost

Marginal cost is referred to as incremental cost and is defined as the increase or decrease in the cost of production of more units or…
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Entrepreneurial Finance: How to get funding for a project?

January 17, 2021 By Hitesh Bhasin Tagged With: Finance

Entrepreneurial finance is defined as the study of resource allocation and value, which is applied to new companies or startups and ventures. Entrepreneurs are often…
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Financial Performance Definition, Analysis & Measures Explained

October 16, 2020 By Hitesh Bhasin Tagged With: Finance

Financial performance

Understanding financial performance is essential for every organization because most of the organization’s crucial decisions depend on the financials. Understanding financial performance is necessary because…
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Liabilities – Definition, Meaning and Types

July 3, 2020 By Hitesh Bhasin Tagged With: Finance

Liabilities

Definition Liabilities can be defined as a financial debt owed by a company or business because of its business borrowing activities. The definition of liabilities,…
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Return on Sales – Definition And Return on Sale Formula

October 27, 2020 By Hitesh Bhasin Tagged With: Finance

Return on Sales

In business, the main motive of all organisations is to make a profit so that they can use that profit amount to expand their business….
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What is Cash Flow Management? Importance and Tips

January 24, 2021 By Hitesh Bhasin Tagged With: Finance

Cash Flow Management

Cash Flow Management empowers you to check, assess, and adjust the cash-flow/income of your company in a manner that you do not face cash-crunch issues….
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Activity-Based Costing | Uses, Advantages and Disadvantages

January 24, 2021 By Hitesh Bhasin Tagged With: Finance

What is Activity Based Costing

Definition Activity-Based Costing is also referred to as ABC. It is defined as a costing method to identify activities in an organization and assign indirect…
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Financial Management – Objectives And Elements

June 7, 2020 By Hitesh Bhasin Tagged With: Finance

Financial Management

Financial management means planning, organizing, controlling, and directing all the financial activities like procurement, funds utilization, etc. Financial management is applying the management principles to…
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