Types of Accounting Transactions – Explanation and Examples
Accounting Transactions refer to any activity that can have a direct impact on the financial statements of an organization. It is the first step… Read Article
Principle 1: People face Trade-offs
What is Principle 1: People face Trade-offs?Eminent macroeconomist N. Gregory Mankiw gave us ten principles of economics in his book “Principles of Economics.” The… Read Article
Hostile Takeover Defense Strategies
A hostile takeover is the forceful acquisition of one company by another. Such a takeover does not happen with the consent of the target… Read Article
Five Sector Model – Meaning, Relationship, and Diagram
In economics, the circular flow model shows how money, as well as goods and services, flow between different sectors in an economy. This flow… Read Article
Four Sector Model – Meaning, Assumptions, and More
The Four Sector Circular Flow Income Model is the most realistic one under the current world conditions. In our earlier discussions, we have seen… Read Article
Forex Market Participants
The forex market is a global platform. Here the exchange of currencies of various countries takes place amongst the various Forex Market Participants. In… Read Article
Three Sector Model: Meaning, Assumptions, and Diagram
Three Sector Model of Circular Flow of Income: Understanding the TermA three-sector model is one of the best ways to explain the flow of… Read Article
Two Sector Model – Meaning, Assumptions, Diagram and Drawbacks
What is Two Sector Economy?In an economy, there is a flow of goods, services, and money among different sectors. By flow here, we mean… Read Article
How to Read Currency Pair?
How to Read Currency Pair in Forex Market?Unlike the stock market, where investors get a single rate, the prices in the foreign exchange market… Read Article
Long Term Liabilities – Meaning, List, Calculation, and Use
Long Term Liabilities: MeaningLong-term liabilities are the financial obligations of a company that does not become due in the current financial year. Moreover, these… Read Article
Provisions in Accounting – Meaning, Example, Types and Importance
What are Provisions in Accounting?Provisions in accounting are a way to meet an uncertain expense or an upcoming liability. For example, bad debt occurs… Read Article