Human behavior in the social environment provides knowledge and understanding, and its application to practice issues, of human development and social ...

The development in human body passes through many stages which are orderly interlinked. Features of each stage differ from one stage to another. All of these ...

The objective of all the firms in perfect competition is to maximize the profits: The firm is said to be in equilibrium when it maximizes its profits (n) ...

Meaning of Depreciation: Depreciation is permanent, continuing and gradual reduction on the book value of fixed assets due to normal wear and tear, passage ...

Clinical psychology is an integration of science, theory and clinical knowledge for the purpose of understanding, preventing, and relieving ...

Black body Radiation Concept: Black body Radiation is an idealized physical body that absorbs all incident electromagnetic radiation, regardless of ...

Debtor System of accounting is suitable for the small-size branches. Under this, a Branch Account is opened for each branch in the head office ledger. All ...

The four circumstances under which a firm is dissolved are follows: By Agreement: A firm may be dissolved with the consent of all the partners or in ...

Revaluation Account: Meaning: Revaluation Account records the effect of re-valuation of assets and liabilities.Purpose:It is prepared to find out ...

Hire Purchase System: Under the Hire Purchase System the customer (Hire Purchaser) obtains possession of the goods at the outset and can use it, while ...

It refers to change in quantity demanded due to change in price in the same demand schedule. When price falls, then quantity demanded increases causing ...

Dissolution of the Partnership:  A partnership is dissolved when a new partner is admitted or on old partner retires or dies.The business of the firm ...