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Definition – Smoky Quartz is a color-variety of crystalline quartz. It is a grey, translucent variety of quartz that ranges in clarity from almost complete…

Book Debts Book debts are the amounts outstanding at a given date and owing to a trader by his customers as shown by the books…

Acetone, or propanone, is an organic compound with the chemical formula (CH3)2CO. It consists of three carbon atoms, six hydrogen atoms, and one oxygen atom.…

Foreign Branches Because of the rapid development of trade, commerce, and industries and with the growing tough competition, the business enterprises are opening their branches…

Bonus Shares Bonus shares are free shares issued to the shareholders out of accumulated reserves. These are additional shares given to the current shareholders without…

An inorganic compound is a chemical compound that is not an organic compound. That means it is not a carbon-based compound. Inorganics include salts, metals,…

Manganvesuvianite is a tetragonal-dipyramidal deep maroon red mineral containing aluminum, calcium, hydrogen, iron, magnesium, manganese, oxygen, and silicon. It is a rare mineral with formula…

Bonded Warehouse It is a warehouse usually situated near the port where the imported goods can be stored temporarily pending the payment of import duty.…

Organic compounds are carbon-based compounds. They are defined as any compound whose molecules contain carbon and hydrogen or compound that is the derivative of it. Organic…

Independent Branch The branches that can keep their accounts themselves and sell goods that are sent by the head office, as well as those purchased…

Blank Cheque It is a cheque on which -the amount of money payable in not mentioned by the drawer. It is a signed cheque with…

Blockade It is an attempt to cut off all supplies from a town or seaport during a state of war by surrounding the place with…