The term of a bill is the payment term, and the due date is the date on which the bill…
A creditor is a person who has sold goods on a credit basis and a debtor is a person who…
Generally, a bill of exchange is drawn by a creditor on his debtor to settle a trade debt. A creditor…
As we all know, earnings is basically net income after tax or bottom line which determines a business entity’s share…
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Shri Narendra Modi, On November 25, 2024, announced its…
A book in which an account of bills of exchange and promissory notes, whether payable or receivable, is stated is…
The Tamil Nadu government has announced a list of 23 days as public holidays in 2025 under the Negotiable Instruments…
There are two different types of receipts that a business or a government generates during its financial activities. They are…
The Department of Investment and Public Asset Management (DIPAM) released new guidelines amending its earlier2016 rules to better reflect market…
The working capital gap in simple words is the difference between total current assets and total current liabilities other than…