Explain Agricultural business
Explain the term Agricultural business in term of Accounting?
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Agricultural business: This business is joined with production of raw material, vegetables, seeds, milk and cattle farming that are famous in many country. 70 percent are doing agricultural activities. Cow was its main wealth. Although it is sad story of agricultural business which they are not wasting their valuable product cow by selling to butchers.
Why Liabilities are always on the left side and Assets on right side in the Balance Sheet?
Define the term Equipment in Accountancy? Why they are used?
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What are the advance methods which are used in banks presently?
Give a brief introduction of the term ‘Financial Accounting’. And also write down its elements?
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