Tag: simplelearning

How to learn and understand about stock market step by step

Stock Market Learning with Rohitashva Singhvi

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 […]

How to determine product costing for manufacturing company

Product Cost Determination

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 […]

Basics of General Accounting

Basics of General Accounting

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 […]

Switch Bill of Lading and their types – Supply Chain Management

shipping bill of lading and supply chain management

A complete manual and word of advice as per below details to understand switch bill of lading and their types: What it means? A switch Bill of Lading refers to a second set of Bill of Lading issued by the carrier (or its agent) to substitute the original bills of lading issued at the time of shipment.Even […]

Simple Steps to learn Accounting for Balance Sheet Preparation

balance sheet accounting

Learn how simple Balance Sheet Preparation is, you will easily understand logic behind this with this Image presentation posted below: The Accounting Equation is a fundamental concept in accounting that represents the relationship between a company’s assets, liabilities, and equity. The equation is as follows: Assets = Liabilities + Equity The accounting equation must always […]

Introduction – The Accounting Equation

Accounting Equation

From the large, multi-national corporation down to the corner beauty salon, every business transaction will have an effect on a company’s financial position. The financial position of a company is measured by the following items: The accounting equation (or basic accounting equation) offers us a simple way to understand how these three amounts relate to each other. […]

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