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Exploring Smart Ways to Infuse Capital for Business Growth
access_time 2024-10-13T05:46:30.667Z face CA N Raja
Exploring Smart Ways to Infuse Capital for Business Growth Vinu: Hey Manu, I’ve been thinking about expanding my business, but I’m not sure about the best ways to bring in more capital. Could you explain the different ways I can infuse capital into my business? Manu: Absolutely, Vinu! There are seve...
Decoding Deferred Tax Liability: Why It Doesn't Count Towards Net Worth
access_time 2024-10-13T05:38:53.705Z face CA N Raja
Decoding Deferred Tax Liability: Why It Doesn't Count Towards Net Worth Vinu: Hey Manu, I’ve been reading about financial statements, and I came across something called Deferred Tax Liability (DTL). Can we consider Deferred Tax Liability as part of a company’s net worth? Manu: That’s a great questio...
Understanding Bad Debts vs. Provision for Bad Debts: A Simple Breakdown for Business Owners
access_time 2024-10-13T05:30:50.074Z face CA N Raja
Understanding Bad Debts vs. Provision for Bad Debts: A Simple Breakdown for Business Owners Vinu: Hey Manu, I've been hearing about bad debts and provisions for bad debts in my accounting class, but I'm still a bit confused. Could you explain the difference to me? Manu: Sure, Vinu! Let me explain it...
Understanding Asset Revaluation in Partnership Firms
access_time 2024-10-10T06:53:01.708Z face CA N Raja
Understanding Asset Revaluation in Partnership Firms: Key Considerations and Scenarios Vinu: Hey Manu, I have a question regarding revaluation of fixed assets in a partnership firm. Under what circumstances can we carry out the revaluation of assets? Manu: Sure, Vinu! Revaluation of fixed assets can...
Why Current Accounts Are Essential for Smooth Business Operations
access_time 2024-10-02T05:35:36.659Z face CA N Raja
Why Current Accounts Are Essential for Smooth Business Operations Vinu: Hey Manu, why is it advisable to use a current account instead of a savings account for business transactions? Manu: Good question, Vinu. The main reason is that current accounts allow unlimited transactions, while savings accou...
