Explain the difference between retained earnings and net income?

1010

---

What are the differences between cost accounting and financial accounting?

909

---

What is a ledger account?

1028

---

What is the difference between accounting and financial accounting?

988

---

What is the difference between equity and asset?

1040

---

What do you mean by financial reporting?

1002

---

What are the different systems of accounting?

1048

---

What are the different types of financial reporting?

964

---

Mention the difference between bills payable and bills receivable?

959

---

What is capitalization and also explain its importance?

1032

---

Explain the importance of capitalization?

996

---

Why do accounts need adjusting entries?

1037

---

Explain the source of income for niacl?

1100

---

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

969

---

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

1066

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