Contingent Assets and Contingent Liabilities: A contingent asset is a potential asset associated with a contingent gain. Unlike contingent liabilities and contingent losses, contingent assets
Rent Control Act has been enacted and implemented by all the State Governments to protect the legitimate rights of the tenants. Primarily it focuses on
Earnings Per Share (EPS) Definition – The portion of a company’s profit allocated to each outstanding share of common stock. Earnings per share serves as
Value Added statement is another form of understanding the performance or profitability of an enterprise. It shows how the benefits of the efforts of an
A contingent liability is a possible obligation arising from past events and may arise in the future depending on the occurrence or non-occurrence of one
Various Types of Lease, After Providing a Comprehensive Discussion on LeaseHere we are providing complete details for Various Types of Lease. A lease agreement or a rental agreement
Supply Chain Management (SCM) is the overarching process of planning, controlling, and executing the flow of goods and services, from the procurement of raw materials
Methods Calculation of Revenue of Real Estate Developers, Computation Of Business Income Of Real Estate Developers. The real estate sector is the fastest-growing sector in
Deferred Revenue Expenditure: Deferred revenue expenditure is that expenditure for which payment has been made or liability incurred but which is carried forward on the
12 Terms You Should Know Before Start Studying Accounts, In order to understand the subject matter clearly, you must understand the following commonly used expressions