Demystifying Sundry Creditors: Understanding their Treatment in Financial Statements A Conversation Between Manu & Vinu Vinu: Hey Manu, I've been trying to understand how sundry creditors are treated in financial statements. Can you explain it to me, especially in the context of Indian laws? Also, h...
Unlocking Quasi-Equity in the Context of Balance sheet Analysis A Conversation Between Manu & Vinu Vinu: Hey Manu, I've been hearing about something called Quasi Equity in the context of balance sheet analysis. Can you explain what it is and how it can impact the analysis? Manu: Sure, Vinu! Quasi Eq...
Smart Business Practices: The Crucial Role of Separate Bank Accounts for Sole Proprietorships A Conversation Between Manu & Vinu Vinu:Hey Manu! I've been running my business as a sole proprietor, and I've been using my personal bank account for both personal and business transactions. But recently, ...
Why Profit is not equal to cash ? A Conversation Between Manu & Vinu Vinu: Hi Manu! I've been diving deep into my business finances lately, and I have a question that's been bugging me. Why is profit not equal to cash? I mean, aren't they both indicators of financial success? Manu: Hey Vinu! I'm gla...
Cost of Capital A Conversation Between Manu & Vinu Vinu: Hey Manu! I've been hearing a lot about the cost of capital lately, and I wanted to understand why it's so important for entrepreneurs like me to have a clear understanding of it. Can you shed some light on this topic, especially in the Indian...