Government Budget Class 12 Notes
The government budget is an annual statement showing item-wise estimates of receipts and expenditures during …
Chetan Gupta
Aggregate Demand and Related Concepts Class 12 Notes
Aggregate demand refers to the total value of final goods & services that all the …
Excess Demand and Deficient Demand Class 12 Notes
Excess demand is when aggregate demand is more than aggregate supply corresponding to a full …
Income Determination and Multiplier Class 12 Notes
According to Keynesian theory, “An economy is in equilibrium when aggregate demand for goods & …
Dissolution of Partnership Firm Class 12 Notes
Dissolution of the firm means discontinuance of economic relations between the partners and the business …
Admission of a Partner Class 12 Notes
Admission of a partner leads to many changes in the partnership business. Here are the …
Financial Statements of a Company Class 12 Notes
Financial statements are the end products of the accounting process. They provide information about the …
Accounting Ratios Class 12 All Formulas
The relationship between two figures expressed in arithmetical terms is called a ratio. Ratios may …
Accounting For Debentures Class 12 Notes
A debenture is a written acknowledgment of a debt taken by the company as those …
Accounting For Share Capital Class 12 Notes
When a company offers its shares to the public, it includes many levels of payments …