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What is the journal entry of Rakesh commenced business with cash?

Journalise the following transactions of Rakesh Agencies, Delhi(Proprietor Shri Rakesh): 2018 Rs Jan-01 Rakesh commenced business with cash 50,000 Jan-02 ...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What happens if you leave the scene of an accident in NY?

In NY, leaving the scene of an accident carries a number of possible consequences. They include: Fines of between $0 and $250 for property damage and betw...

What conditions does hyperbaric oxygen therapy treat?

HBOT is used to treat many different health conditions including: Carbon monoxide poisoning. Cyanide poisoning. Injury from crushing. Gas gangrene, a form...

What is the role of business environment?

Meeting Competition In any business, it is important to be aware of the actions and strategies of your competitors. A business environment enables firms t...

What is considered statutory income?

Statutory income is income that is not ordinary income and that you include in assessable income because of a specific rule in the tax law. For example, a...

What is the standard margin for a business letter?

about 1 inch The text is single spaced, except for double spaces between paragraphs. Typically margins are about 1 inch (25.4 mm) on all sides of the docu...

How do I change my career in industry?

How to Change Careers from One Industry to Another Change Your Narrative. Hiring managers like known entities. Immerse Yourself in the Industry Culture. B...

What is the title of associate professor?

Assistant and Associate Professors in the US can be formally addressed by “Professor” or “Doctor/Dr.”. There should be no offense given with either saluta...

What are advantages of fax?

Faxes are Fast – Faxes are delivered immediately to around the globe. This method of data transmission is effective when access to email or file share are...

Is getting paid weekly a good thing?

Weekly payroll will make your employees happy—and happy employees are invested employees. By giving your employees the kind of pay structure they want, yo...