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Preparation for I.Com, B.Com, CA,CS CMA(FOUNDATION)

24/09/2023
04/11/2021

NPA
In most cases, debt is classified as nonperforming when loan payments have not been made for a period of 90 days.
Banks are required to classify nonperforming assets into one of three categories according to how long the asset has been nonperforming:
1. sub-standard assets
2. doubtful assets
3. loss assets.

A substandard asset is an asset classified as an NPA for less than 12 months.
A doubtful asset is an asset that has been nonperforming for more than 12 months.
Loss assets are loans with losses identified by the bank, auditor, or inspector that need to be fully written off. They typically have an extended period of non-payment, and it can be reasonably assumed that it will not be repaid

05/09/2021

Happy teacher's day

17/08/2021

single entry system

30/07/2021

Income and expenditure account

30/07/2021

introduction of Directing, features and importance

10/05/2021

Admission of partnership


Ejaz Sir

24/04/2021

Admission of partnership | change in profit sharing ratio |
Accountancy XIIth
NCERT Solution

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