Differences – Financial Accounting

To Know the Difference Between Trade Discount and Cash Discount we have to know the meaning of the both with ...
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Provision and Reserve: To know to differences between provision and reserve we have to know the meaning of both the terms are shown ...
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Difference Between Trading and Profit & Loss account : - Trading and Profit & Loss account are two different statements ...
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Difference Between Single Entry and Double Entry:- Every business transaction has an effect on two different accounts like if we ...
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Difference Between Bookkeeping and Accounting: - The Bookkeeping and Accounting both are playing a very important role in the business. But ...
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Debit and Credit: - The Debit and Credit are two aspects of the double entry system, which is invented by “Luca ...
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Difference between Journal and Ledger: - Difference between Journal and Ledger is that the journal is the first step of ...
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Difference Between Cash Book and Cash Account: - The Cash Book and Cash account are maintained for the same purpose i ...
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Difference between Gross profit and Net Profit: - Every investor invests his money in the business to earn profit from ...
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Difference between the Trial Balance and Balance Sheet:- Trial Balance shows the total closing balance of all the ledger accounts ...
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Difference between the Profit and Loss account and Balance Sheet:- The Profit and Loss account is the statement of income ...
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Difference Between capital and revenue expenditures: - To know the meaning of Capital and Revenue Expenditures, first of all, we ...
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Difference Between Direct and Indirect expenses: - To know the actual cost of production we classified expenses into two subcategories ...
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Bills of Exchange and Promissory Note both are the type of negotiable instruments. These both are governed by the Negotiable ...
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