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Cost accounting is a branch of accounting that involves the process of collecting, analyzing, and summarizing the costs associated with producing goods or services. It is used to provide information to managers for decision-making, such as determining the costs of different products, identifying are

The city of Panipat is located in the state of Haryana in India. It is a city that is known for its textile industry. However, there are also a number of grocery stores in the city that sell a variety of items, including food, clothing, and other household items.One of the most popular grocery stor

ESOP stands for Employee Stock Ownership Plan. It's a type of benefit plan that gives employees an ownership stake in the company in the form of stock options or shares. This can motivate employees to work towards the success of the company, align their interests with those of the shareholders,

A Profit and Loss (P&L) account, also known as an income statement, is a financial statement that summarizes the revenues and expenses of a company over a specified period of time, typically a fiscal quarter or year. It provides information on the company's profitability by showing the diffe

Corporate bonds are debt securities issued by corporations to raise capital. Investors who purchase corporate bonds provide the corporation with funds in exchange for periodic interest payments and eventual repayment of the bond's face value upon maturity. Corporate bonds are considered a lower-

Bookkeeping is the process of recording and organizing financial transactions in a company's accounting records. Bookkeeping involves recording and tracking financial transactions in a systematic manner to maintain accurate financial records. It includes:   •    Record

Open Network for Digital Commerce (ONDC) is a platform that provides a decentralized and open marketplace for buying and selling goods and services online, enabling users to connect and transact directly without intermediaries. ONDC leverages blockchain technology to ensure secure and transparent tr

A bank statement is a document that shows the activity of a bank account over a certain period of time. It includes the name of the account holder, the account number, the name of the bank, the account type, the opening and closing balances, and a list of all transactions that have taken place over

An accounting period is the specific time frame for which financial statements, such as income statements and balance sheets, are prepared. This period can be a month, a quarter, or a year, depending on the company's accounting policies and the requirements of relevant laws and regulations. The

An e-commerce platform is software that enables online businesses to manage and operate their online store. It provides a range of tools and features, such as product management, inventory management, payment processing, and shipping and tax calculations. An e-commerce platform is a software applica