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Demystifying the Partners' Current Account: A Guide to Managing Partnership Finances
access_time 2024-10-13T12:13:49.012Z face CA N Raja
Demystifying the Partners' Current Account: A Guide to Managing Partnership Finances Vinu: Hey Manu, I was going through the balance sheet of our partnership firm, and I noticed something called the "Partners' Current Account." Can you explain what that indicates? Manu: Sure, Vinu! The Partners' Cur...
Decoding Section 28: Time Limits and Legal Implications in Bank Guarantees
access_time 2024-10-13T11:32:35.311Z face CA N Raja
Decoding Section 28: Time Limits and Legal Implications in Bank Guarantees Vinu: Hey Manu, I came across something called "Section 28" in one of our bank guarantee documents. Can you explain what Section 28 is and when it applies to a bank guarantee? Manu: Of course, Vinu! Section 28 of the Indian C...
Decoding Average Maturity in Term Loans: A Practical Guide for Better Financial Planning
access_time 2024-10-13T11:05:35.086Z face CA N Raja
Decoding Average Maturity in Term Loans: A Practical Guide for Better Financial Planning Vinu: Hey Manu, I’ve been hearing a lot about terms like "average maturity" in the context of term loans. Can you explain what average maturity is and how it’s calculated? Manu: Sure, Vinu! Average maturity is a...
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...
