Accounts

How to calculate your birthday

Guess your birthday

Here's a fun trick to show a friend, a group, or an entire class of people. Tell the person (or class) to think of their birthday...and that you are going to guess it. Step 1) Have them take the month number from their birthday: January = 1, Feb = 2 etc. Step  ..

What is monologue

Soliloquys is similar to monologue

What is Monologue? A monologue (or monolog) is an extended uninterrupted speech by a character in a drama. What is Soliloquys? Soliloquys are similar to a monologue; where and when an actor is talking about something to no-one in particular.   ..

Sir isaac newton

25 December 1642 - 20 March 1727

Sir isaac newton - 25 December 1642 - 20 March 1727 He gave us the laws of motion and universal gravitation. He is partly credited for development of the differential and integral calculus. He built the first practical reflecting telescope. He removed every perception about earth centric world. Newton showed that the motions of objects  ..

Financial crisis with a pokemon analogy

Economic crisis as explained as explained to a 14 year old with a Pokemon analogy

The financial crisis, as explained to a 14 year old, with a Pokemon analogy Kevin: Imagine that I let you borrow $50, but in exchange for my generosity, you promise to pay me back the $50 with an extra $10 in interest. To make sure you pay me back, I take  ..

Wasp williams x jet

WASP - Williams Aerial Systems Platform

WASP The Williams X-Jet, created by Williams International, was a small, light-weight Vertical Take Off and Landing (VTOL) system powered by a modified Williams F107 turbofan aircraft engine. It was designed to be operated by and carry one person and controlled by leaning in the direction of desired travel and adjusting  ..

Classification normal balance

Accounting Normal Balance

The below is the small list of debit or credit balance which you would find in the account Account ClassificationNormal BalanceAssets DebitContra assetCreditLiability CreditContra liability DebitOwner's Equity CreditStockholders' Equity Credit Owner's Drawing or Dividends Account  DebitRevenues (or Income)CreditExpensesDebitGains CreditLosses Debit   ..

Define debit and credit

Definitions of Debits and Credits

Debit -An entry in the financial books of a firm that increases an asset or an expense or an entry that decreases a liability, owner's equity (capital) or income. -Also, an entry entered on the left side (column) of a journal or general ledger account. Credit -An entry in the financial books of a  ..

What is liquidity and liquidation

Difference between liquidity and liquidation

Liquidity usually refers to a company's ability to pay its bills when they become due. Liquidity is often evaluated by comparing a company's current assets to its current liabilities. Working capital, the current ratio, and the quick ratio are referred to as liquidity ratios or short-term solvency ratios, since their calculations  ..

Simple accounting tips

Understand accounting

- Consider Debit as left hand, Credit as right hand - Whenever cash is received, the Cash account is debited (and another account is credited).Whenever cash is paid out, the Cash account is credited (and another account is debited). - To increase an asset, debit the asset account. - To increase a liability,  ..

How many lakhs is equal to one million

How many lakhs is equal to one billion

10000 lakhs is equal to one billion 10 lakhs = 1 million 100 lakhs = 10 million 100 lakhs = 1 crore 100 million = 10 crores 10000 lakhs = 1 billion Ten lakhs is equal to one million Hundred lakhs is equal to Ten million Hundred lakhs is equal to Ten crore Hundred million is equal to  ..

Water in venus planet

Seas and oceans in planet venus

Scientist have found that there were ocean in the planet Venus. The find some identity found in the planet and they suspect that there could have ocean's in earlier days. செவ்வாய் கிரகத்தில் பெருங்கடல்கள் இருந்தன என்று விஞ்ஞானிகள் ஆய்வில் தெரிய வந்துள்ளது. செவ்வாய் கிரகத்தின் முன் பகுதியில் கடல்கள் இருந்திருக்க வேண்டும். அதற்கான பள்ளங்கள் உள்ளன. கடல் இருந்ததால்  ..

Error javalangnoclassdeffounderror

How to install apache ant

error java.lang.NoClassDefFoundError If you have a tomcat application server and if you are facing java.lang.NoClassDefFoundError: org/apache/tools/ant/BuildException error while running jsp or servlet then do the following steps : How to install apache ant 1) Download apache-ant-1.7.1-bin.tar.gz 2) Extarct the tar.gz file by using the command # tar-xzvf apache-ant-1.7.1-bin.tar.gz # cd apache-ant-1.7.1/lib 3) copy  ..

What is liquidity in financial accounting

Define Liquidity

What is Liquidity in Financial Accounting? In general Liquidity is defined as the "Measure of the extent to which a person or firm has cash to meet immediate and short-term obligations". In terms of Accounting it is defined as the "Ability of current assets to meet current liabilities". In terms of Investment it  ..

Basics of accounting

Golden rules of Accounting

Basics of Accounting REAL ACCOUNTS DEBIT WHAT COMES INCREDIT WHAT GOES OUT PERSONAL ACCOUNTSDEBIT THE GIVERCREDIT THE RECEIVER NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSESCREDIT ALL INCOMES AND REVENUES The above is the basic golden rules of accounting.   ..

How to lose weight by laughing

Reduce weight soon

Lose Weight By Laughing Laugh more and often. Work isn't always a bowl of cherries, however, you can lose weight by laughing. Get 15 to 20 minutes a day of laughter and burn an extra 40 calories a day. You can reduce your weight by laughing, It is also a part of  ..

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