Key Difference – Trade Discount vs Settlement Discount Companies grant discounts for customers in order to provide incentives for them to purchase more products. This is a widely utilized sales technique in all types of organizations and, trade discount and settlement discount are two main types of discounts granted. Trade discount is given at […]
Difference Between General Ledger and Sub Ledger
Key Difference – General Ledger vs Sub Ledger Recording financial information is a lengthy and time-consuming process, and its end result is the preparation of year-end financial statements. A business conducts many transactions within an accounting year, and these should be recorded in different accounts according to corresponding accounting standards. General ledger and sub […]
Difference Between P&L and P&L Appropriation Account
Key Difference – P&L vs P&L Appropriation Account Companies prepare a number of accounts and statements at the financial year-end to communicate results. Some of these statements are published for the use of wider stakeholder range while others are prepared to assist in management decision-making. P&L and P&L Appropriation Account are such two statements […]
Difference Between Capital Account and Current Account
Key Difference – Capital Account vs Current Account Capital account and current account are the two key elements of the ‘Balance of Payments’ (BoP), which records a country’s economic transactions with other countries over a period of time. Capital account records changes in the capital of the economy due to capital receipts and expenditure […]
Difference Between Asset Backed Securities and Mortgage Backed Securities
Key Difference – Asset Backed Securities vs Mortgage Backed Securities Asset backed and mortgage backed securities are two types of investments where securities are pooled and sold to a group of investors. The structure of both are similar in nature and the key difference between asset backed securities and mortgage backed securities depends on […]
Difference Between Standard Costing and Budgetary Control
Key Difference – Standard Costing vs Budgetary Control Performance evaluation is conducted in all organizations at the end of a performance period. This is generally done by preparing a forecast of results at the beginning of the performance period and compare them with the actual results at the end of the period. Standard costing […]
Difference Between Nominal Account and Real Account
Key Difference – Nominal Account vs Real Account The financial year end statement preparation requires recording of numerous transactions in various accounts throughout the period. There are different account types such as assets, liabilities, equity, incomes, expenses, gains and losses. The balances in incomes, expenses, gains and losses accounts are closed at the end […]
Difference Between Nominal and Real Interest Rate
Key Difference – Nominal vs Real Interest Rate Nominal and real interest rates are two aspects that should be understood in relation to inflation, which is the general rise in price levels of goods and services. When inflation rates are high, interest rates tend to increase since the lenders of funds demand higher interest […]
Difference Between Bonus Share and Stock Split
Key Difference – Bonus Share vs Stock Split Bonus share and stock split are two commonly implemented corporate actions (an event that affects the shareholders) by companies to increase the number of shares traded. The key difference between bonus share and stock split is that while bonus shares are offered without a consideration (free […]
Difference Between Retained Earnings and Reserves
Key Difference – Retained Earnings vs Reserves The difference between retained earnings and reserves is often confused and these two terms are often used interchangeably. However, there is a subtle difference between these two terms. Both these items are recorded under the Equity section in the balance sheet. The key difference between retained earnings […]
- « Previous Page
- 1
- …
- 5
- 6
- 7
- 8
- 9
- …
- 27
- Next Page »