Meaning: Bills ReceivableBills receivable is a document or a bill of exchange that is generated when the seller sells some goods on credit to… Read Article
Each one of us knows the definition of Account Receivables. That said, account receivables are the monies receivable from the debtors/customers towards the supply… Read Article
Before we look into the advantages and disadvantages of bank reconciliation, let’s quickly go through what the term stands for. So, bank reconciliation is… Read Article
A bank reconciliation statement is a synopsis of banking activities that matches a business entity’s ledger transactional records. A bank reconciliation statement is an… Read Article
Marketable Securities are the financial instruments that one can easily buy or sell in the market. The maturities of these financial instruments are usually… Read Article
What is Working Capital?Working capital (WC) is the capital that helps in running the day-to-day operations of a business. It is the gap between… Read Article
What are Liquidity Ratios?Liquidity ratios give an idea about a company’s ability to convert its assets into cash and pay its current liabilities with… Read Article