Mudra loan project Mudra loan project, A typical sample project report for a Mudra loan includes vital information about a small business seeking financial assistance. While the specific details may vary depending on the requirements of the lending institution. Here are some key components commonly found in a mudra loan project report: 1.Executive Summary:… Read More »
Direct and Indirect Expenses Direct and indirect expenses Difference DirectExpense Direct expense or income are those expenses or income that are directly related to the production or sale of goods or services. They are directly traceable to a specific product or service and can be allocated to it without any difficulty. Examples of direct expenses… Read More »
Is provision a Long-Term Liability Is provision a Long-Term Liability: It is a liability that is recognize when there is a probable obligation or liability that may result from a past event, and the amount of the obligation can be estimate with reasonable accuracy. Provisions can be either short-term or long-term depending on the time… Read More »
Financial analysis Vs planning Vs management Financial analysis Vs planning Vs management, Financial analyst, financial plannings, and financial management are three distinct concepts in the field of finance. It is refers to the process of evaluating the financial performance of a company or investment by analyzing its financial statements, ratios, and other financial indicators. It… Read More »
Mudra loan Mudra loan, which stands for Micro Units Development and Refinance Agency, is a government initiative in India aimed at offering financial assistance to micro and small enterprises. Its primary objective is to provide crucial support to these businesses. The project report for a Mudra loan would depend on various factors, such as… Read More »
Write-off affect net income and net account receivable Write-off affect net income and net account receivable: A write-off is an accounting term used when a company decides that a particular asset, such as an account receivable, is unlikely to be collected. This can occur due to various reasons, such as customer insolvency or prolonged… Read More »
Is bookkeeping a part of accounting Bookkeeping is considered a part of accounting because it is the foundation on which accounting is built. Bookkeeping involves the day-to-day recording and organizing of financial transactions such as sales, purchases, payments, and receipts. The goal of book-keeping is to maintain accurate and up-to-date financial records that can be… Read More »
