All Articles
What is the Difference Between Appropriation and Allocation?
In accounting, appropriation, and allocation are two related but distinct concepts businesses must understand. Appropriation refers to the process of ...
What is the Difference Between Dividend and Distribution?
Dividend and distribution are two terms that are commonly used in the field of accounting, but they often confuse investors. ...
What is the Difference Between Grant and Subsidy?
Grant and subsidy are two important financial terms in accounting. Both terms refer to financial support provided by government or ...
What is the Difference Between Endowment and Fund?
Endowment and fund are two commonly used terms in the field of accounting and finance, but they are often confused ...
What is the Difference Between Debenture and Bond?
Debenture and bond are terms commonly used in finance and accounting, yet many people are often confused about the difference ...
What is the Difference Between Capital and Retained Earnings?
Capital and retained earnings are two critical components of a company’s financials. In accounting, it is essential to understand the ...
What is the Difference Between General Journal and Special Journal?
In accounting, a journal is a record of financial transactions. A general journal is a record of all types of ...
What is the Difference Between Accrued Expense and Accrued Revenue?
Accrued expenses and accrued revenues are two crucial accounting concepts that are frequently used to record transactions and track financial ...
What is the Difference Between Audit and Review?
In the field of accounting, two terms that are often used interchangeably are audit and review. However, there are essential ...
What is the Difference Between Budget and Forecast?
Budgeting and forecasting are essential components of financial planning in Accounting. However, there is often confusion regarding the difference between ...
