Bachelors In Business Management - For BBA, BBS students and self learners. (TU, NEPAL)

Hope this will simplifies the cash flow concept for students, this is one of the important questions in the view point of examination. * When an asset (other than cash) increases, the Cash account decreases. * When an asset (other than cash) decreases, the Cash account increases. * When a liability increases, the Cash account increases. * When a liability decreases, the Cash account decreases. * When owner's equity increases, the Cash account increases. * When owner's equity decreases, the Cash account decreases. Real Accounts- Debit What comes in Credit What goes out Personal Accounts Debit The receiver Credit The giver Nominal Accounts Debit Expenses and losses Credit Incomes and gains Format of the Statement of Cash Flows The statement of cash flows has four distinct sections: 1. Cash involving operating activities 2. Cash involving investing activities 3. Cash involving financing activities 4. Supplemental information. Assuming that th...

Meaning : an installment system is a credit sale in which payments are made in instalments over a period of time. In this system the buyer gets the possession as well as ownership of the goods right at the time of signing the agreement. During the course of paying the instalments, if the buyer makes default in paying the instalment, the vender cannot responses the goods. In that case, the vender can sue the buyer for recovery of dues. Features Of Installment Purchase System The following are the features of installment purchase system: 1. Installment purchase system is just like an outright credit sale of goods. 2. The buyer makes the payment in different installment over a period of time as agrees upon in the agreement. 3. Under installment purchase system, the buyer gets the immediate possession as well as the ownership of goods. 4. The seller can not responses the good if the buyer made default in the payment of installment but he/she can sue against the buyer for t...

 -   Meaning and Concept of Hire-purchase system. Hire-purchase system is a special system of purchase and sale of goods. Under this system purchaser pays the price of the goods in instalments. The instalments may be annual, six-monthly, quarterly, monthly fortnightly etc. Under this system the goods are delivered to the purchaser at the time of agreement before the payment of instalments but the title on the goods is transferred after the payment of all instalments as per the hire-purchase agreement. The special feature of a hire-purchase transaction is that the payment of every instalment is treated as the payment of hire charges by the purchaser to the hire vendor till the payment of the last instalment.. After the payment of the last instalment, the amount of various instalments paid is appropriated towards the payment of the price of the goods sold and the ownership or the goods is transferred to the purchaser. Thus hire-purchase means a transaction where the go...