Author: info@rohitashvasinghvi.com
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What is LC (Letter of Credit)? “LC” typically stands for “Letter of Credit.” A Letter of Credit is a document issued by a bank that guarantees payment to a seller for goods or services, provided that certain conditions are met. Essentially, the bank acts as an intermediary between the buyer and the seller, ensuring that…
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Interview by Singhvi Online Accounts Receivable interview questions by Singhvi Online
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AP and AR are both important accounting terms used to manage a company’s finances. AP stands for Accounts Payable, which refers to the amount of money that a company owes to its vendors, suppliers, or other creditors for goods and services that have been received but not yet paid for. Essentially, it’s the amount that…
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Accounting by Singhvi Online Accounts Payable interview questions by Singhvi Online
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Learning about the stock market can seem overwhelming, but with the right approach, it can be a rewarding and fulfilling experience. Here are some steps you can follow to learn about the stock market: In summary, learning about the stock market requires a combination of reading, research, and practical experience. By following these steps, you…
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Learning about the stock market can seem overwhelming, but with the right approach, it can be a rewarding and fulfilling experience. Here are some steps you can follow to learn about the stock market: In summary, learning about the stock market requires a combination of reading, research, and practical experience. By following these steps, you…
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Product costing is a crucial aspect of managing a manufacturing concern, as it allows businesses to determine the total cost of producing a product. Knowing the total cost of production is important because it helps in setting a selling price that ensures profitability. In this blog, we will discuss how to do product costing for…
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Accounting is the process of recording, classifying, summarizing, and interpreting financial information. It is essential for businesses to keep track of their financial transactions and make informed decisions. The primary purpose of accounting is to provide financial information that is useful in making economic decisions. Key Concepts Basic Journal Entries Journal entries are the building…
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In our life we must learn few Important Things which will not be taught in School, so we have to put an effort and learn more by reading habit.
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In our life we must learn few Important Things which will not be taught in School, so we have to put an effort and learn more by reading habit.