by kasi | Jan 8, 2011 | Accounting
Bookkeeping is the recording of financial transactions such as sales, purchases, receipts, and payments. The person liable to record is named as book keeper or accounting clerk. Book keeper is not an accountant. The difference in book keeper and accountant is that a... by kasi | Jan 7, 2011 | Introduction to Finance
For the establishment of a target capital structure, the firm analyzes certain factors such as; mix of debt, preferred stock and common equity. The specific capital structure changes according to the conditions. The change in capital structure occurs due to the debt... by kasi | Jan 7, 2011 | Strategic Management
Key success factors are most significant to future success of industry firms. These factors encompass competencies, market achievements, resources, competitive capabilities and product attributes etc. It is most important for the strategists to be familiar with the... by kasi | Jan 6, 2011 | Accounting
A statement of reconciling the balances between bank book and bank statement is called bank reconciliation statement. Bank book is maintained by the customer or account holder in his/her (usually business firm) books of accounts and bank statement is prepared by bank... by kasi | Jan 5, 2011 | Accounting
A double entry system of accounting was devised with the concept that each transaction has dual effect. Two effects of each transaction are recorded on the basis of universally accepted debit and credit rules of accountancy. Double entry system is based on subsidiary...