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The family is also and important institution because in a family everybody is related either by blood, marriage or by adoption. Prime responsibility of ...

Social control is essential for every society for its existence and smooth functioning in the following manner: Mechanism of social control brings in ...

Meaning and types or Subsidiary Books. The sub-division of the journal into various books recording transactions of similar nature are called ...

A Journal is a book of original record where every transaction is recorded. It is the book in which transactions are recorded first under the double-entry ...

Double Entry System of Book-keeping.  Double Entry System of Book-keeping refers to a system of accounting under which both the aspects of every ...

The supply curve shows the influence of price on the quantity supplied when other factors that influence quantity supplied are held constant When due to ...

Movement along a demand curve. It refers to change, in quantity demanded due to change in price in the same demand schedule. When price falls, then ...

Legacy of National Movement The freedom struggle was perhaps the greatest mass movement in the world history. After 1919, it was built around the basic ...

Contra Entry:  The term ‘Contra’ refers to the opposite side. When both aspects (Debit and Credit) of a transaction are recorded in the same account but in ...

Social Institution: Institution, commonly refer to a formal organization, for example, All India Institute of Medical Sciences. The sociologists use the ...

Grouping and Marshalling or Arrangement of Assets and Liabilities.  The assets and liabilities should be shown in a certain order in the Balance ...

Society can be defined as a group of people, who share a common economic, social and industrial infrastructure. Society is an organization of people who share ...

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