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Commerce - 11th

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Financial plan in Entrepreneurship: Meaning and Components

Last Updated: 23 July 2025

A financial plan is a comprehensive strategy outlining how a business intends to manage its finances to achieve its goals and objectives. The primary purpose of a financia...read more

Entrepreneurship

Commerce - 11th

CBSE Class 11 Entrepreneurship Notes

Last Updated: 23 July 2025

Entrepreneurship encompasses the academic study of the processes, principles, and practices involved in starting, managing, and growing new ventures. It combines insights ...read more

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Business Studies

Entrepreneurship

Commerce - 11th

Materiality Concept : Meaning, Importance, Applications & Examples

Last Updated: 23 July 2025

What is Materiality Concept in Accounting?The materiality concept in accounting states that all the material information i.e. the information that is important for the pre...read more

Commerce - 11th

Accounting Concepts

Consistency Concept : Examples, Importance, Uses & Impact

Last Updated: 23 July 2025

What is Consistency Concept?The consistency concept is a key idea in accounting,which highlights how crucial it is for an organization to employ the same accounting proced...read more

Commerce - 11th

Class 11 Accountancy

Accounting Concepts

Difference between Contraction of Supply and Decrease in Supply

Last Updated: 23 July 2025

Contraction of Supply and Decrease in Supply often seems similar but is different from one another. Contraction of Supply is defined as a decrease in quantity the seller w...read more

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Commerce - Difference Between

Commerce - 11th

Difference between Movement Along Supple Curve and Shift in Supply Curve

Last Updated: 23 July 2025

Supply is defined as the quantity the seller is willing to sell at a particular price, at a particular point in time. Supply undertakes various factors, like the price of ...read more

Commerce - Difference Between

Commerce - 11th

Difference between Change in Quantity Supplied and Change in Supply

Last Updated: 23 July 2025

The terms Change in Quantity Supplied and Change in Supply are usually used interchangeably but are different from various prospects. Change in quantity supplied is define...read more

Commerce - Difference Between

Commerce - 11th

Changes in Quantity Supplied and Change in Supply

Last Updated: 23 July 2025

The amount of a commodity a company can provide for sale at a specific time is called supply. In this definition, four factors are highlighted, which are quantity of a com...read more

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Commerce - 11th

Combined Mean | Formula and Examples

Last Updated: 13 October 2023

What is Combined Mean?When two or more series having different arithmetic means and number of items are combined together, the combined mean of all the series can be calcu...read more

Commerce - 11th

Quartile Deviation in Discrete Series | Formula, Calculation and Examples

Last Updated: 23 July 2025

What is Quartile Deviation?Quartile Deviation (absolute measure) divides the distribution into multiple quarters. Quartile Deviation is calculated as the average of the di...read more

Commerce - 11th

Quartile Deviation in Continuous Series | Formula, Calculation and Examples

Last Updated: 23 July 2025

What is Quartile Deviation?Quartile Deviation (absolute measure) divides the distribution into multiple quarters. Quartile Deviation is calculated as the average of the di...read more

Commerce - 11th

Mean Deviation: Coefficient of Mean Deviation, Merits, and Demerits

Last Updated: 23 July 2025

Range, Interquartile range, and Quartile deviation all have the same defect; i.e.,they are determined by consideringonly two values of a series: either the extreme values ...read more

Commerce - 11th

Accrued Expenses : Meaning, Examples and Accounting Treatment

Last Updated: 23 July 2025

What are Accrued Expenses?Accrued Expenses are the expenses that the firm has incurred but not paid for yet. Accrued expenses are also known as Accrued Liabilities. Accrue...read more

Commerce - 11th

Limitations of Financial Statements

Last Updated: 23 July 2025

Financial statements are vital financial documents that offer a comprehensive view of a company's fiscal performance and status during a specific time frame. These stateme...read more

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Commerce - 11th

Dual Concept of Accounting | Features, Advantages and Disadvantages

Last Updated: 23 July 2025

What is Dual Concept of Accounting?The Dual Concept of Accounting, also known as the Double-Entry Accounting System, can be defined as a principle in accounting that serve...read more

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Commerce - 11th

Accounting Concepts

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