In our everyday life, we often come across remarks like, “It will probably rain tonight” or “It is unlikely that India will beat Australia in the ODI series”. What do these statements...
Following are three services needed in supply of electricity (i) Generation of electricity (ii) Transmission of electricity (iii) Distribution of electricity All these services should be in different...
Suppose you open a book store, so, in common parlance, it would be said that the business is being carried on by you, and you are earning profit or incurring loss. However, Accounting sees it...