What is the Blockchain Technology?

We often hear the term “Blockchain.” However, most of us don’t know the real meaning behind this term. Blockchain is the computing and IT-related technology where typically, the accounting and transactional ledgers are interlinked. These transactional ledgers are sometimes called blocks, and the interlinking of these transactional ledgers is called a blockchain. For instance, once…

financial accounting in business
Accounting اکاؤنٹنگ

Importance of Financial Accounting in the Business کاروباری کھاتے جدید تقاضوں کے مطابق

Importance of Accountancy in the Business Types of Business Concerns: 1. Sole Proprietorship 2. Partnership 3. Limited Liability Company Further, the Business Might be Either: – a trading concern – a manufacturing concern – a service concern – or a mix of Financial Transaction: Any economic activity where the finance/money is involved. Financial Accounting: The…