According to which concept Owner and Business are treated distinctly?
What is owner's investment called?
Merry has 22 employees ,but she can not record it in books of accounts due to:
You Borrowed money from Bank. What is Bank to you in accounting terms?
Able Ltd. purchased goods from Unable Ltd. and agreed to pay after 10 days. What will be the journal entry?
If in a business,Assets are of $40000 and Capital $15000,what is the amount of Liabilities?
All incomes and expenses have effect on:
If John purchases Machinery amounting $3000 on credit,what will be the effect on Equation?