Difference Between Chemical and Electrical Synapse

Difference Between Chemical and Electrical Synapse

Key Difference – Chemical vs Electrical Synapse   Chemical and electrical synapses are specialized biological structures found in the nervous system; they connect neurons together and transmit signals across the neurons. The key difference between chemical and electrical synapse is their method of transmitting signals; chemical synapse pass signals in the form of chemical molecules […]

Difference Between Neurotransmitter and Neuromodulator

Difference Between Neurotransmitter and Neuromodulator

Key Difference – Neurotransmitter vs Neuromodulator   The key difference between neurotransmitter and neuromodulator is that neurotransmitter is a chemical substance released by the neuron to send signals to the next neuron, while the neuromodulator is a chemical substance released by the neuron to alter the effectiveness of the signal transmission. Neuromodulators can increase or […]

Difference Between Net Income and Net Profit

Difference Between Net Income and Net Profit

Key Difference – Net Income vs Net Profit   The difference between net income and net profit can be quite confusing since both these terms are often used interchangeably. However, it is important to understand different components that are included in each of these concepts since both provide various indications.The key difference between net income […]

Difference Between Bank Balance Sheet and Company Balance Sheet

Difference Between Bank Balance Sheet and Company Balance Sheet

Key Difference – Bank Balance Sheet vs Company Balance Sheet   The nature, risks and rewards of banks are significantly different to that of manufacturing and service-related organisations. Banks operate as an intermediary, accepting deposits from savers and lending funds to borrowers. Their profits are derived from the spread between the rate they pay for […]

Difference Between SLM and WDV Method of Depreciation

Difference Between SLM and WDV Method of Depreciation

Key Difference – SLM vs WDV Method of Depreciation   Depreciation is an important accounting method used to allocate the cost of tangible assets over their economic life (the time period that the asset is expected to assist in generating income for the business). This should be done in order to comply with the Matching […]

Difference Between Earnings and Revenue

Difference Between Intermolecular and Intramolecular Hydrogen Bonding

Key Difference – Earnings vs Revenue   Earnings and Revenue are two major components in businesses that decide the growth level and sustainability. The key difference between earnings and revenue is that earnings are the difference between income and expenses for a period of time, whereas revenue is the total income that a company generates […]

Difference Between Balance Sheet and Cash Flow Statement

Difference Between Balance Sheet and Cash Flow Statement

Key Difference – Balance Sheet vs Cash Flow Statement   It is important to measure and record the company performance in order to evaluate the results and arrive at decisions for the future. Such information is reported to relevant stakeholders through year-end financial statements. Balance Sheet and Cash Flow Statement are two of the main […]

Difference Between Bank Rate and Base Rate

Difference Between Bank Rate and Base Rate

Key Difference – Bank Rate vs Base Rate   Knowledge regarding bank rate and base rate is important for both borrowers and lenders in order to understand how these rates are affected by various economic conditions and government policies. The key difference between bank rate and base rate is that the bank rate is the […]

Difference Between Blazer and Sportcoat

Difference Between Blazer and Sportcoat

Key Difference – Blazer vs Sportcoat   Blazers and sportcoats are two types of jackets that resemble suit jackets, but they are more informal and can be worn on their own without matching trousers. However, it’s important to know the difference between blazer and sportcoat if you want to dress appropriately and smartly for an […]

Difference Between Inflation and Recession

Difference Between Inflation and Recession

Key Difference – Inflation vs Recession   Inflation and recession are two major aspects of macroeconomics, meaning that they affect the economy as a whole; not specific to a group of individuals or businesses. Therefore, understanding these aspects can assist in taking right decisions to safeguard assets and investments. The key difference between inflation and […]