Financial Accounting 7 min read
Departmental Accounting
Departmental stores have many types of stores under a single roof, for example one departmental store may have a cosmetic…
THE LATEST THINKING
Every story.
Browse our articles in publication order, with new stories added automatically.
Financial Accounting 9 min read
Financial Accounting – Contract Account
Contracts are undertaken to customer’s requirements, which is generally of constructional. For example, construction of buildings, ships, Bridges, Roads, etc.…
Financial Accounting 9 min read
Government Accounting
Government accounting is a scientific procedure of collecting, classifying, recording, summarizing, and interpreting all the financial transactions including revenues and…
General Concepts 1 min read
Water Chemistry and Treatment
Water is a natural solvent. Rain water is acidic due to carbon dioxide picked up in the atmosphere. Water and…
Financial Accounting 8 min read
Financial Accounting – Insurance Claims
Every business entity keeps sufficient stock as per the need and size of its respective business for smooth running of…
Financial Accounting 4 min read
Financial Accounting – Co-Operative Societies
Any ten persons who are competent to contract may file an application to the Registrar of Co-operative Societies as per…
General Concepts 2 min read
Deaerators for Boilers
Removing dissolved oxygen from boiler feed water is absolutely necessary to protect your boiler equipment from severe corrosion. But the…
Financial Accounting 15 min read
Accounts of Private Individuals
Most of the private individuals never keep their accounts to record earned income or expenditure incurred by them. It is…
Financial Accounting 10 min read
Stock Exchange Transactions
Stock exchange is an organized market where sale and purchase of listed securities of all description i.e. shares, stocks, debentures,…
General Concepts 2 min read
When Do We Use a Rupture Disk-Relief Valve Combination?
Rupture disks are often used in combination with and installed just upstream and/or just downstream of a relief valve. You…
Financial Accounting 12 min read
Financial Accounting – Insolvency Accounts
Insolvency is a financial stringency i.e. when an individual or an organization/company is no longer capable to pay the debts…
General Concepts 1 min read
Cost Comparison Between Comparable Stand-Alone Rupture Disk and Relief Valve
Rupture disk manufacturers burst at least two disks per lot before shipping them to a customer. As a consequence even…
