Explain the difference between retained earnings and net income?

1063

---

What are the differences between cost accounting and financial accounting?

962

---

What is a ledger account?

1083

---

What is the difference between accounting and financial accounting?

1051

---

What is the difference between equity and asset?

1100

---

What do you mean by financial reporting?

1049

---

What are the different systems of accounting?

1093

---

What are the different types of financial reporting?

1023

---

Mention the difference between bills payable and bills receivable?

1014

---

What is capitalization and also explain its importance?

1086

---

Explain the importance of capitalization?

1033

---

Why do accounts need adjusting entries?

1100

---

Explain the source of income for niacl?

1159

---

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

1011

---

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

1135

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