BYJU'S Commerce Education Forum

Hello students! Do you find yourself asking whether goodwill is a tangible asset or intangible asset, or which entry should be placed in the debit side or credit side or you wonder what is the shape of the indifference curve?

All these and much more are answered here in a lucid and concise manner so that students can get a clear picture of the concepts and make themselves better equipped to face the board exams and other competitive exams.

This platform serves as a source for the various concept related queries that commerce stream students encounter during the course of their day to day studies.

The subjects covered in this forum are strictly based on the commerce stream syllabus comprising a diverse range of topics from accountancy, business studies and economics.

Students can benefit from this forum as it has to the point answers to the various questions presented in an easy to access manner, quality information therefore making it more student friendly, it is what students want.

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Banks act as a mediator between those who have surplus funds (the depositors) and those who are in need of funds (the borrowers) by lending money...
Sample survey gives better results. Hence, the correct answer is option (b) Learn more: Census method and Sampling method...
Census Method 1. Nature of enquiry - The extensive enquiry is conducted at each and every unit of the population. 2. Economy - More Time, Money,...
a. Agriculture is the mainstay of Indian economy because about 60% of our population depends directly or indirectly on agriculture. b. Provides...
E‐Banking is the method by which the customer conducts transactions electronically via the internet. Some of the examples of e-banking are...
The allocation of various scarce resources which have alternative uses that are utilized for the production of various commodities and services...
Collection of data is called data collection...
The Union Finance Minister is the chairman of GST Council. Hence, the correct answer is Finance Minister i.e option (c)...
Receivable management is the process of making decisions relating to investments in trade debtors. Therefore, it deals with debtors collection....
Option b) Representative personal account....
The following are the disadvantages of unemployment: It results in the wastage of manpower resources. The economic load increases....
Which is the oldest form of Business organization? Sole proprietorship Company Partnership Co-operative society The correct option is i....
Most individuals are familiar with which form of e-commerce? C2C B2B C2B B2C The correct option is iv. B2C...
Trading on equity refers to the increase in profit earned by the equity shareholders due to the presence of fixed financial charges. When the...
Option c) Trading Account Profit and Loss account....
Which submenu is used for voucher entry in Tally? Vouchers Accounting vouchers Accounts info None of these The correct option is ii....

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