Share Capital
Share capital is the total amount invested in a company by shareholders in exchange for shares. It represents a key source of funding for businesses and is recorded under equity on the balance sheet. It can be classified into authorised, issued, and paid-up capital based on structure.
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Stocktaking
Stocktaking is the physical counting and verification of inventory on hand at a specific point in time. It ensures the…
Sales Revenue
Sales revenue is the total income generated from selling goods or services before deducting any costs or expenses. Itβs the…
Service Revenue
Service revenue is income earned from providing services rather than selling physical goods. It is recognised when the service is…
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