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Depreciation & Accumulated Depreciation
access_time 2024-09-11T17:08:36.292Z face CA N Raja
Depreciation & Accumulated Depreciation - A Discussion Vinu: Hey Manu, I've been reading about financial statements, and I'm a bit confused about Depreciation and Accumulated Depreciation. Can you explain the difference? Manu: Of course, Vinu! Depreciation is the systematic allocation of the cost of...
Understanding Recourse Structures in Bank Guarantees
access_time 2024-08-28T10:12:21.736Z face CA N Raja
Understanding Recourse Structures in Bank Guarantees - A Discussion Vinu: Hey Manu, I was reading about bank guarantees and came across the term “recourse structure.” Can you explain what that is? Manu: Sure, Vinu. A recourse structure in a bank guarantee means that if the principal, the person or c...
Exploring Different Types of Bill Discounting
access_time 2024-08-27T10:27:04.398Z face CA N Raja
Exploring Different Types of Bill Discounting Vinu: Hey Manu, I’ve heard about bill discounting as a way to manage cash flow, but I’m not sure about the different types. Can you explain the types of bill discounting to me? Manu: Sure, Vinu! Bill discounting is a financial arrangement where a busines...
Understanding Bill Discounting: A Conversational Guide to Accounting and Risks
access_time 2024-06-21T08:55:02.073Z face CA N Raja
Understanding Bill Discounting: A Conversational Guide to Accounting and Risks Vinu: Manu, this bill discounting sounds interesting, but the accounting side confuses me. Can you explain it with rupees? Manu: Sure, Vinu. Imagine our company has a ₹10,000 bill of exchange due in 60 days from a client....
Mastering Financial Tracking in Interior Design
access_time 2024-06-13T09:55:38.695Z face CA N Raja
Mastering Financial Tracking in Interior Design: Understanding the Percentage of Completion Method Vinu: Hey Manu, I'm working on a big interior design project and trying to figure out how to account for it financially. I heard about this percentage of completion method, but I'm not sure how it appl...
