Important Differences Between Capital and Revenue Expenditure

Capital Expenditure Capital expenditure refers to the funds that a company spends on acquiring or …

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Important Differences Between Purchase Order and Invoice

Purchase Order A purchase order (PO) is a legal document that is issued by a …

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Important Differences Between Savings Account and Current Account

Savings Account A savings account is a type of bank account where individuals can deposit …

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Important Differences Between Tax Invoice and Retail Invoice

Tax Invoice A tax invoice is a type of document that a supplier or seller …

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Important Differences Between Cash Book and Cash Account

Cash Book A cash book is a financial record that tracks all the cash transactions …

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Important Differences Between Cash Credit and Overdraft

Cash Credit Cash Credit is a financial tool used by businesses to borrow short-term funds …

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Important Differences Between Non-Profit and Not-for-Profit Organization

Non-Profit Organization A non-profit organization, also known as a not-for-profit organization, is a type of …

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Important Differences Between NOPAT and Net Income

NOPAT NOPAT, or Net Operating Profit After Taxes, is a financial metric that measures a …

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Important Differences Between Trial Balance and Balance Sheet

Trial Balance A trial balance is a financial statement that is used to check the …

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Important Differences Between Net Income and Net Profit

Net Income Net income, also known as net profit or net earnings, refers to the …

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