General English?
Parts of Speech The words that form sentences are categorized into classes according to the function that they perform. These classes of words are known as Parts of Speech.In English,…
Economy and Its Basic Problem
Basic Problems of an Economy The basic problems of economic decisions and form the basis of economic studies and generalisation.The major economic problems faced by an economy whether capitalist, socialist…
Types of Business Letters
Letter Writing The first sample letter is written in block format and the indented format. The letters can be written in any of the two formats. However, for simplicity, all…
How to Write Business Letters
Acquiring the ability to write in a logical, coherent manner requires a lot in terms of preparation. It can almost be compared to making a presentation where the key mantra…
What is Business Economics? Definitions, Scope, Nature
What is Business Economics? Economics is the social science studying the production, distribution and consumption of goods and services. Economics is a complex social science spans from mathematics to psychology.…
What is Demand? Definitions, Essentials, Classifications, Law of Demand
What is Demand? The demand for anything, at a given price is the amount of it which will be bought per unit of time at the price. The quantity of…
What is Subsidiary Books? Types,Concept of Cash Book
What is Subsidiary Books? In order to save time, efforts and avoid inconvenience of classifying transactions for posting purposes, similar types of transactions are recorded in special journals called subsidiary…
What is Book keeping? Definition,Objectives,Accounting Mechanics
What is Book keeping? The process of recording financial transactions in the books of accounts is called as bookkeeping. These transactions include sales, purchases, income and payments by an individual…
What is Journal? Functions, Advantages, Types, Process
What is Journal? The process of recording transactions in a journal is called journalising and the entries are called journal entries. As all the transactions are first entered in the…
What is Accounting? Definition, Objectives, Functions, Need
What is Accounting? Accounting is the process of identifying, measuring, recording and communicating the required information relating to the economic events of an organisation to the interested users of such…
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