What is Depreciation & How to Calculate Depreciation?
In accounting, depreciation is the process of allocating the cost of a tangible asset over its useful life. This is done by recognizing...
Difference between profit maximization and wealth maximization
Profit maximization and wealth maximization are two commonly used strategies in business and finance. While both strategies aim to increase the financial success...
3 golden rules of accounting
The 3 golden rules are the internationally accepted rules of accounting. Every economic entity is liable to produce its financial transactions to all...
5 e-commerce trends seen in India during the Covid-19 pandemic
As the pandemic wreaks havoc on the Indian and the global economy. Although, it has affected some sectors worse than other sectors, every...
5 Sectors of Economy worst hit by the second wave of Covid-19
The COVID-19 pandemic has disrupted many businesses and numerous lives in the past year. Indian economy has, till now seen the first wave...
