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Understanding Sundry Creditors: Financial Statement Treatment & Impact on Liquidity
access_time 2025-02-10T07:06:47.46Z face CA N Raja
Understanding Sundry Creditors: Financial Statement Treatment & Impact on Liquidity 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, how do sundry creditors impact the cu...
Managing Sundry Creditors: Risks, Remedies, and Best Practices
access_time 2025-02-10T07:01:43.426Z face CA N Raja
Managing Sundry Creditors: Risks, Remedies, and Best Practices Vinu: Hey Manu, I've noticed that our company's sundry creditors have been increasing lately. I'm concerned about the consequences of this and what remedial measures we should take. Can you shed some light on this? Manu: Sure, Vinu. An i...
Profit vs. Cash: Why Your Business Success Isn't Just About Profitability
access_time 2025-02-08T07:38:26.936Z face CA N Raja
Profit vs. Cash: Why Your Business Success Isn't Just About Profitability 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'...
Why Every Sole Proprietor Should Maintain a Separate Business Bank Account
access_time 2025-02-07T19:45:32.376Z face CA N Raja
Why Every Sole Proprietor Should Maintain a Separate Business Bank Account 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, I've been advised to maintain a separate bank account...
Cost of Capital: Why It Matters for Entrepreneurs in India
access_time 2025-02-07T07:34:00.176Z face CA N Raja
Cost of Capital: Why It Matters for Entrepreneurs in India 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 th...
