LPG cites Liberalization, Privatization, and Globalization. At the point when India under its new economic policy moved toward the international... View Article
LPG was introduced under the government of Chandra Shekhar Singh reforms in the 1980s. The main objective of this reform was to liberate the... View Article
The positive impacts of LPG policies are: Motivating industrial production. The gross domestic profit growth rate can be increased. Safety... View Article
The demerits of LPG policies are: Import of Technology, know-how, key components. Unhealthy multinational companies' strategy to enter the... View Article
The impact of LPG policies on the government are: It increases the per capita income due to increased job creation. Builds relations with... View Article
India's New Economic Policy was formed on July 24, 1991, known as the LPG or Liberalization, Privatization, and Globalization model. It alludes... View Article
LPG policies are new economic policies reformed by the government to open up trade with foreign nations and to build the Indian economy, create... View Article
The term 'petty cash' is taken from the word 'petty' signifying 'minor'; 'little'; 'of optional significance'. 'Petty cash' is a minute quantity... View Article
Petty cash concerns with spending of cash that an organization has promptly accessible. Petty cash is to be considered as a current asset since... View Article
Petty cash is the money that is available for making small purchases and payments such as stationary, postal expenses, courier charges, etc.... View Article
Petty cash falls under the head of current assets in the balance sheet. This is on the grounds the assets that are yet to be determined on the... View Article
Payments are for the most part dealt with by petty cash, under an imprest framework whereby a measure of 'float' is fixed. This is the maximum... View Article
Petty cash reconciliation is the most common way of confirming exchanges including petty cash reserves. Its purpose is to guarantee that assets... View Article
Petty cash reserve ought to be little enough so it doesn't superfluously tie-up organization resources or become an objective for burglary, yet... View Article
A petty cash book is a part of an accounting book utilized for recording costs that are of little worth and small in nature, for instance,... View Article
A petty cash account is a current asset. At the point when petty cash is utilised for costs of doing business, the suitable business ledger, for... View Article
Petty cash is a current asset and ought to be recorded as a debit on the organisation's asset report. To begin with a petty cash account, the... View Article
The petty cash transactions are entered into the journal on the debit side and credited to the respective cash account. The petty cashier... View Article
(A) Individuals (B) Government (C) Public limited companies (D) All of the above Answer: (D) All of the above Explanation: Public limited... View Article
