Tag: Office Organization and Management

Media Convergence simply refers to the merging of different types of mass media such as Traditional Media, Print Media, Broadcast…

E-payment introduces digital circulation to realize information transmission, so all means of e-payment are digitalized. But, traditional payment is realized…

Contactless Cards Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones…

i) Where amount is lent in one installment Procedure for calculation of Average Due Date when lending in lump sum…

Average Due Date is the date on which several debts due on different dates can be paid by a single…

i) Interest table This method is also known as Individual Method. According to this method, we arrange all the transactions…

The account current is a detailed statement detailing the financial performance of an individual insurance agent’s business over a specified…

Rent: Rent is mostly payable according to time, as per day, per week, per month or per year etc. But…

Method 1: When Separate Set of Books are kept for each Department Under this method of accounting, each department is…