Forms of business conducting a business is one of the most basic concepts that business students learn. It is also known as fundamental of business
Income from the property: The rent received or receivable by a person for a tax year, other than rent exempt from tax under this Ordinance,
What is Account Receivable? Account Receivable keeps records of debtors of the business. All the money that the business is entitled to receive from its
If you are a student in Pakistan. Then you must have thought at least once, How to earn as a student in Pakistan? If you
Taxable income Tax rates Where the taxable income does not exceed Rs. 600,000 The Tax rate is zero Where the taxable income exceeds Rs. 600,000
Money, an amazing yet very terrifying concept invented by humans. The very nature of money is to quantify the value of an asset interpreted in
Definition: Expenses are the cost of carrying on business operations to generate economic benefits. Explanation An expense is an outflow necessary to carry on business
Income from the property: The rent received or receivable by a person for a tax year, other than rent exempt from tax under this Ordinance,
What is Account Receivable? Account Receivable keeps records of debtors of the business. All the money that the business is entitled to receive from its
If you are a student in Pakistan. Then you must have thought at least once, How to earn as a student in Pakistan? If you
Taxable income Tax rates Where the taxable income does not exceed Rs. 600,000 The Tax rate is zero Where the taxable income exceeds Rs. 600,000
Money, an amazing yet very terrifying concept invented by humans. The very nature of money is to quantify the value of an asset interpreted in
Definition: Expenses are the cost of carrying on business operations to generate economic benefits. Explanation An expense is an outflow necessary to carry on business
Current Assets include: Non – Current Assets include; Tangible assets: Intangible assets:
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Assets= Liabilities + Capital
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