Ace accounting interviews with this simple guide covering assets, liabilities, revenue, equity, and expenses. Learn balance sheet, income statement, and cash flow basics, plus depreciation methods. Practical journal entries for purchases, sales, cash, and bank build confidence. HR‑style tips make complex concepts easy, ensuring interview success.

Taking a loan has become very common today. From buying a house to purchasing a mobile phone, loans are easily available everywhere. But the real problem starts when people don’t understand how interest is calculated and whether the loan they are taking is actually useful or not . Two things decide whether a loan helps you or hurts you: The interest calculation method (reducing balance vs. flat interest rate) The purpose of the loan (Asset or Liability) In this blog, we wi

Some people think accounting is boring, but honestly, it’s what keeps both businesses and personal budgets running smoothly—like the...

Accounting might sound like a dry subject to some, but I promise you, it’s more like the secret language of business. It’s the rhythm...

Imagine you're running a small tiffin service from home. Every day, you spend money on vegetables, oil, flour, pulses, and other...