In single-entry accounting, when a business completes a transaction, it records that transaction in only one account. For example, if a business sells a good, the expenses of the good are recorded when it is purchased, and the revenue is recorded when the good is sold. The balance sheet is based on the double-entry accounting […]

The DP is responsible for maintaining your Demat Account and facilitating your transactions. Therefore, it’s important to choose a DP that is reliable, trustworthy, and offers good customer service. When you place an order to buy shares, the order is executed through your Trading Account. Once the order is executed, the shares are credited to […]