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Is carriage inwards a fixed asset?

When Goods are Brought In Carriage inwards is also called freight-in and transportation-in. Mostly the buyer is responsible for carriage inwards. In case ...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What is the purity of 1 carat gold?

24 carats The purity of gold is expressed in carats, often abbreviated to ‘ct’ of ‘K’ in the USA and some other countries. Pure gold has a purity of 24 ca...

How do you tell if an element will lose or gain electrons?

In general, metals will lose electrons to become a positive cation and nonmetals will gain electrons to become a negative anion. Hydrogen is an exception,...

What do the stamps mean on jewelry?

The most common hallmark is meant to tell you an item’s precious metal purity. The first thing you want to look for is the shape of the stamp. A rectangul...

Which type of discount is recorded in the books of accounts?

Cash discount is always recorded in the books of accounts. How is trade discount recorded in the books of accounts Class 11? Trade discount is not recorde...

What metals are in rose gold?

Rose gold is an alloy made from a combination of pure gold and copper. The blend of the two metals changes the color of the final product and its karat. F...

What is a Aurum?

Aurum, the Latin word for gold and the source of its chemical symbol, “Au”. What does KH mean on a ring? If you receive a piece that does not carry this “...

How much is 1g of osmium?

One gram of osmium converted to pound equals to 0.0022 lb. What is the price of osmium today? Osmium is still not as expensive as Gold, being around $400 ...

What is the value of a zero coupon bond?

A zero coupon bond is a bond which doesn’t pay any periodic payments. Instead it has only a face value (value at maturity) and a present value (current va...

What is the components of 18K gold ring?

When you buy gold jewelry, it isn’t pure gold. Your gold is really an alloy, or mixture of metals….Gold Alloys. Color of Gold Alloy Composition White Gold...