QUICK REVISION OF THEORIES OF MOTIVATION PART 1 ( HINDI)

THEORY OF PRODUCTION

 

 

•    •    MICRO ECONOMICS

THEORY OF PRODUCTION/SHORT RUN PRODUCTION FUNCTION/LONG RUN PRODUCTION FUNCTION

•    BY DR. SHASHI AGGARWAL

•    TIME PERIOD

1.       SHORT RUN IS DEFINED AS THAT PERIOD OF TIME IN WHICH ONE OR MORE FACTORS OF PRODUCTION OR INPUTS ARE FIXED AND OTHER ARE VARIABLE

2.       IN SHORT RUN THERE ARE BOTH VARIABLE INPUTS AND FIXED INPUTS

3.       IF PRODUCER WANTS TO EXPAND OUTPUT HE CAN DO SO BY USING MORE RAW MATERIALS AND HOURS OF LABOUR SERVICE WITH THE EXISTING PLANT AND MACHINERY AND VICE VERSA

THEORY OF PRODUCTION PART 2 IN HINDI

PRICE MECHANISM AND PLANNING

 

•     PRICE MECHANISM AND PLANNING

•     DEVELOPMENT ECONOMICS

•     DR SHASHI AGGARWAL

•     MEANING OF PRICE MECHANISM

FINANCIAL STATEMENTS--NATURE AND ATTRIBUTES OF FINANCIAL STATEMENTS

 

•     FINANCIAL STATEMENTS

•     UGC NET COMMERCE/MANAGEMENT

•     ACCOUNTING FOR MANAGEMENT DECISIONS

•     DR SHASHI AGAGRWAL

•     MEANING AND DEFINITIONS

•     MAY REFER TO ANY FORMAL AND ORIGINAL STATEMENTS WHICH DISCLOSE FINANCIAL INFORMATION TO ANY BUSINESS CONCERN. OUTCOME OF SUMMARISING PROCESS OF ACCOUNTING. ALSO CALLED FINANCIAL REPORTS

•     THE FINANCIAL STATEMENTS ARE PREPARED ON THE BASIS OF RECORDED FACTS.

ADVERTISING ELASTICITY OF DEMAND ( AED) IN HINDI

INDIFFERENCE CURVE ANALYSIS PART 1

 

EXCHANGE TRADED FUNDS ( ETFs)

ACCOUNTNG CYCLE &ACCOUNTING TERMNILOGY

 

•     ACCOUNTING CYCLE AND ACCOUNTING TERMNILOGY

•     BY DR SHASHI AGGARWAL

 

•     ACCOUNTING CYCLE

1. ACCOUNT CYCLE IS A STEP BY STEP PROCESS OF RECORDING, CLASSFICATION AND SUMMARIZATION OF ECONOMIC TRANSACTIONS OF A BUSINESS.
2. IT GENERATES USEFUL FINANCIAL INFORMATION IN THE FORM OF FIANCIAL STATEMENTS INCLUDING INCOME STATEMENTS BALAANCE SHEETS, CASH FLOW STATEMENTS AND STATEMENT OF CHANGES IN EQUITY.

DOUBLE ENTRY SYSTEM

 

• 
  DOUBLE ENTRY SYSTEM
  
• BUSINESS ACCOUNTING/ACCOUNTING FOR MANAGEMENT
• DR. SHASHI AGGARWAL
• DOUBLE ENTRY SYSTEM
  
  
  
  
• MEANING

1. FEATURES.ADAVANATGES AND DISADVANTAGES
2. TRADITIONAL APPROACH
3. MODERN APPROACH

• DOUBLE ENTRY SYSTEM

1. LUCA  FRIAR PACILOI ----FATHER OF MODERN ACCOUNTING
2. FIRST PRINTED BOOK ON DOUBLE ENTRY BOOK KEEPING ---SUMMA DE ARTHIMETICA GEOMETRICS PROPORTION ET PROPORTIONALITA
3.  METHOD OF ARRANGING ACCOUUNT IN SUCH A WAY THAT THE DUAL ASPECT WOULD BE EXPRESSED BY A DEBIT AMOUNT AND EQUAL AND OFFSETTING CREDIT ACCOUNT

• MEANING
• DOUBLE ENTRY SYSTEM IS THE SYSTEM UNDER WHICH EACH TRANSACTION IS REGARDED TO HAVE TWO FOLD ASPECTS AND BOTH THE ASPECTS ARE RECORDED TO OBTAIN COMPLETE RECORD OF DEALINGS. EACH TRANSACTION THE DEBIT AMOUNT MUST BE EQUAL TO CREDIT
• DUAL CONCEPT IS THE BASIS OF ACCOUNTING EQUATION. UNDER THIS CONCEPT :-
• EQUITIES = ASSETS
• CAPITAL + LIABILITIES = ASSETS

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