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ACCRINT Function in MS Excel

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  ACCRINT Function in MS Excel What is the ACCRINT Function? The ACCRINT Function is an Excel  Financial function . The function will calculate the accrued interest for a security that pays interest on a periodic basis. ACCRINT helps users calculate the accrued interest on a security, such as a bond, when that security is sold or is transferred to a new owner on a date other than the issue date or on a date that is an interest payment date. Syntax The syntax for the ACCRINT function in Microsoft Excel is: ACCRINT( issue_date, first_interest_date, settlement_date, rate, par, frequency, [basis], [calculation_method] ) Parameters or Arguments issue_date The date that the security was issued. first_interest_date The date that the first interest will be paid. settlement_date The settlement date of the security. rate The annual coupon rate for the security. par The par value of the security. If this parameter is omitted, the ACCRINT function will ...
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Financial Accounting Important 10 Mark theory Questions & Answer

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  1. Accounting Concepts:      Going Concern Concept: Assumes that the business will continue its operations for the foreseeable future, allowing assets to be recorded at their original cost rather than their liquidation value. This concept impacts how assets and liabilities are presented in the financial statements.      Consistency Concept: Requires a company to use the same accounting methods and principles consistently from one accounting period to another. It ensures comparability between financial statements over time, aiding analysis and decision making.      Accrual Concept: Transactions should be recorded when they occur, regardless of when the actual cash is exchanged. This means recognizing revenues when earned (even if the cash hasn't been received) and expenses when incurred (even if the cash hasn't been paid).      Matching Concept: Directly links expenses with the revenues they help generate durin...
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Teaching Aptitude - UGC NET Paper - 1

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  WHAT IS EVALUATION? It means making judgement or a process of collecting evidences of behavioral changes and judging the directions and extent of such changes. It’s both quantitative and qualitative system. It is a way to check both the academic and non-academic aspects of student’s personality. It helps students as well as teachers to bring desirable changes in their respective parts to get the desired results.                                     IMPORTANT ELEMENTS OF EVALUATION TYPES OF EVALUATION: DIAGNOSTIC EVALUATION: This is done at the beginning of the teaching learning process. It diagnoses the causes of problems in teaching. It is done to find specific weakness of students. It can be done at individual or class level. It helps in designing the curricula in order to match the learner’s ability to understand the concepts.   FORMATIVE EVALUATION: Paul bla...
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