Posted in Accounting Terms Economics

What is Hedging ?

A technique of neutralising risk by taking a position in the derivatives market that is opposite to one’s position in the cash market, thereby reducing…

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Posted in Accountancy Accounting Terms

Bitcoin The New E-Currency of the World

Bitcoin It is an open source P2P digital currency, first described in 2009 by a pseudonymous developer (or developers) Satoshi Nakamoto. Bitcoin is a digital…

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Posted in Accountancy Accounting Terms Banking Terms

All about TAN or Tax Deduction and Collection Account Number

1. What is TAN? TAN or Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all…

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Posted in Accounting Terms

The term Revenue expenditure means

Revenue expenditure: This is expenditure on recurring items, including the running of services and financing capital spending that is paid for by borrowing. This is…

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Posted in Accountancy Accounting Terms

Accounting Terms-Common terms using in Accountancy

Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers.[1]  The communication is generally in the…

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