Category Archives: Accounting

This is an article for those who want to understand as to what is Balance Sheet. This article deals more with understanding B/S, and less with its interpretation. Interpretation of B/S would require a separate article. While understanding B/S is … Continue reading →

Depreciation is a facinating concept in the world of accountancy. Ordinarily it is meant as, a “decrease in price or value over time”, or “decrease in value of an asset due to obsolescence or use”. In accountancy, while depreciation is … Continue reading →

Accounting or Accountancy is a much dreaded discipline for those who do not understand. However it becomes easier once the conceptual bases becomes clear. This is not really a simple task, as there are a lot of variables involved in … Continue reading →