Goodwill is the reputation being enjoyed by an organization. This is reflected normally in their higher profit earning capacity over competing firms in the same industry. Otherwise, the firm is utilising...
Overview of nature and purpose of businessConcept of business:-Business can be defined as an economic activity concerned with regular production and distribution of goods and services to fulfil the needs...
Many times I have seen that students don't understand the basic accounting knowledge. Here I am not talking about the accounting principles or concepts. I am talking about the FUNDAMENTAL knowledge behind...
Methods of Calculating National Income Value Added Method:- According to this method, National Income is calculated by adding net value by all producing unit...