Explain the difference between retained earnings and net income?

1091

---

What are the differences between cost accounting and financial accounting?

970

---

What is a ledger account?

1096

---

What is the difference between accounting and financial accounting?

1075

---

What is the difference between equity and asset?

1115

---

What do you mean by financial reporting?

1061

---

What are the different systems of accounting?

1104

---

What are the different types of financial reporting?

1040

---

Mention the difference between bills payable and bills receivable?

1025

---

What is capitalization and also explain its importance?

1098

---

Explain the importance of capitalization?

1047

---

Why do accounts need adjusting entries?

1116

---

Explain the source of income for niacl?

1176

---

Who is the founder of niacl? What do you know about niacl?

1024

---

What is recession? What is the cause for the present recession?

1150

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