Finance

Difference Between Stock and Flow

The difference between stock and flow is that stock is goods, assets, and liabilities that are available at a particular time while on the other hand, flow is the goods, assets, and liabilities that are available for supply at a given period. Stock is the available quantity of any commodity at a particular time. These …

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Difference Between Accounting and Accountancy

The terms accounting and accountancy are often used interchangeably. However, there are some important differences present between them. Generally, accountancy deals with the principles that guide the creation as well as employment of financial records. Accounting involves the procedure of maintaining these records. It is a business language. Accounting vs Accountancy The difference between accounting …

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