Article

Audit on Behalf of a Retiring Partner An auditor is appointed by a retiring partner to see that the assets and liabilities are properly valued…

Audit on behalf of a Sleeping Partner A partner who does not take any part in the business is known as a sleeping partner. He…

Linarite is a somewhat rare, crystalline mineral that is known among mineral collectors for its unusually intense, pure blue color. It is known for its…

Liebigite is a uranium carbonate mineral with the chemical formula: Ca2(UO2)(CO3)3·11H2O. It is an apple-green mineral consisting of hydrous uranium calcium carbonate and occurring as…

Concept of Master Budget The master budget is a one-year budget planning document for the firm encompassing all other budgets. This budget is prepared for…

Libethenite is a rare copper phosphate hydroxide mineral. It forms striking, dark green orthorhombic crystals. It is a secondary copper phosphate mineral found in the…

Sales Budget and its Preparation The sales budget provides an estimate of goods to be sold and revenue to be derived from sales. A business…

Levyne or levynite is a zeolite mineral, i.e. a hydrated silicate mineral. It is a whitish, reddish, or yellowish, transparent or translucent mineral, allied to…

Preparation of Production Budget A production budget is stated in physical units. It helps a company to plan its manufacturing schedule and ensure that it…

Production Budget For manufacturing companies production budget is prepared prior to the sales budget. The production budget contains details of the number of units that…

Leucophoenicite is a mineral with formula Mn7(SiO4)3(OH)2. It is a mineral consisting of a manganese silicate. Generally brown to red or pink in color, the…

BIMSTEC The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation, (BIMSTEC) is a regional organization comprising seven Member States lying in the littoral…