Unearned Revenue

Unearned Revenue

Unearned revenue is the money that the individual or company receives before providing or delivering the services and goods. It can be the prepayment… Read Article
Short Term Liabilities

Short-term Liabilities

A liability is a debt or legal obligation of the business to another individual, bank, or entity. There could be both short-term liabilities as… Read Article
Trade Debts

Trade Debt

Meaning and Definition of Trade DebtTrade Debt is defined as the money payable by a Company to its supplier for goods or services received… Read Article
Working Capital

Working Capital

What is Working Capital?Working capital is the capital used for running the day-to-day operations of a business. The gap between the current assets and… Read Article
Defensive Interval Ratio

Defensive Interval Ratio

Defensive Interval Ratio (DIR): MeaningA defensive interval ratio (DIR) is very useful for measuring a company’s liquidity position. It measures a company’s ability to… Read Article
Liquidity Ratios

Liquidity Ratios

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
Bills Payable

Bills Payable

Meaning of Bills PayableBills Payable (B/P) is a liability document that shows the indebtedness of an individual, an organization, etc. When an individual or an… Read Article