Share premium is a source of fund to a company. Private and public companies can issue shares to raise funds....
business-terms
Reserves are set aside to meet certain contingencies. It is used to pay dividends, sponsor a project or prepare for...
This is a special kind of fund set aside as reserves. It is as well called legal, mandatory or regulatory...
Turnover is an important metric of any business. Although it is mostly used in trading firms, the term is applicable...
For a business, keeping certain funds as reserve is like saving for the rainy days. Businesses are stronger when they...
In a financial statement, companies usually set aside some money from profit or other sources to finance important business activities....
Retained earnings is one of the important aspects of a firm closing capital or equity. This earnings is usually an...
Equity capital is an investment in a company. The aim generally is to provide finance for the business. The fund...
A Journal book or "The Journal" or simply "General Journal" is one subsidiary book that may never go in extinction....
The term capital is well known to finance students and professionals. To those without this knowledge, capital may be seen...
