by adam kasia | Sep 25, 2010 | Sociology
Moving from one social class to another is called as social mobility. Many countries are trying to increase the levels of social mobility in the modern world. Social mobility is very much beneficial for the development of society. A closed class society is one in... by adam kasia | Jul 16, 2010 | Sociology
Culture is the totality of life which is comprised of knowledge, beliefs, art, morals, customs, and habits of the people. People receive culture as a part of heritage and may bring changes in the culture later on. There are two types of culture i.e. material culture... by adam kasia | Jul 16, 2010 | Sociology
Sociology is one of the most interesting subjects in the planet. One can easily understand the social life by understanding Sociology. A French philosopher Auguste Comte invented the term Sociology. That’s why he is known as the father of Sociology. The term Sociology... by adam kasia | Jul 13, 2010 | Principles of Accounting
Balance sheet is statement of the total assets and liabilities of an organization at a specific point in time. It is often described as snapshot of a company’s financial condition. Standard balance sheet consists of three parts i.e. Assets, Liabilities and... by adam kasia | Jul 13, 2010 | Principles of Accounting
Income statement is a financial document which shows income and expenses of an organization over a given period of time e.g. six months, one year etc. It is also known as profit and loss statement. The purpose of income statement is to know whether or not the business...