Depreciation is charge only on fixed assets in a company. With the help of depreciation rate chart on fixed assets you can easily reduce any fixed assets am
In the business you can get information about your assets, liabilities and many more with the help of accounting equation.
Meaning and Format of Final Statements are used to show Gross, Net profit or loss and also you can view financial position of your business at end of year.
During maintain accounts, with the help of Adjustments Entries of Final Account, you can easily adjust all accounts at the end of the financial year.
Distinction in Capital Expenditures and Revenue Expenditure is most of the part of our business which is made during the current accounting period.