Difference Between Similar Terms

At accounting education, there is big knowledge base of differences between popular accounting, finance, banking, investment, loan and educational terms. These accounting terms may be so similar, so accounting learner may be confused. Due to this, we have differentiate all these terms and by reading all the differences, you can understand it. By learning these differences, your decision making will also increase. Following is the list of all these terms.

Difference between Accounting Terms 

1. Difference between Revenue Reserve and Capital Reserve 
2. Difference between Provision and Reserve 
3. Difference between Credit and Credit Balance
4. Difference between Debit and Credit 
5. Difference between Aggressive Accounting and Conservative Accounting 
6. Difference between Income and Expenditure account and Profit & Loss Account
7. Difference between Tax Expense and Taxes Payable
8. Difference Between Payroll Expenses and Payroll Liabilities
9. Difference between Liability Account and Expense Account
10. Difference between Accounts Payable and Accrued Expense
11. Difference between Debtor and Creditor
12. Difference between Account Payable Vs Account Receivable
13. Difference between Variable Cost and Semi Variable Cost
14. Difference between Straight Line Method and Written Down Value Method
15. Difference between Receipt and Payment Account and Income and Expenditure Account
16. Difference between Manual Accounting and Computerized Accounting
17. Difference between Assessed Value and Invoice Value
18. Difference between Financial accounting and Management Accounting
19. Difference between Cost Accounting and Financial Accounting
20. Difference between Systemic Risk and Systematic risk
21. Difference between Marginal Accounting and Financial Accounting
22. Difference between Revenue Center and Profit Center
23. Difference Between Sundry Debtors and Bills Receivable
24. Difference between cash and capital
25. Difference Between Accrual Accounting and Cash Accounting
26. Difference between Historical Cost and Fair Value
27. Difference Between Balance of Trade and Balance of Payment
28. Difference between Stock Group and Stock Category
29. Difference Between Cost Sheet and Production Account
30. Difference Between Job Costing and Contract Costing
31. Difference between IFRS and IAS
32. Difference between GAAP and IFRS
33. Difference between Efficiency Audit and Propriety Audit
34. Difference Between Cash Method and Accrual Method of Accounting
35. Difference Between Straight Line Method And Diminishing Balance Method
36. Difference Between Current Account And Capital Account
37. Difference Between Cash Discount and Trade Discount?
38. Difference between Gross Profit and Net Profit
39. Difference between Journal and Ledger
40. Difference between Assignee and Consignee
41. Difference between Book Keeping and Accounting
42. Difference among Depreciation, Fluctuation and Obsolescence
43. Different between Group and Ledger in Tally
44. Difference between Capital Loss and Revenue Loss
45. Difference between Optional Voucher and Regular voucher of tally 9
46. Difference between Memorandum Revaluation Account and Revaluation Account
47. Difference between Revenue and Capital Items
48. Difference between TDS and TCS in Tally 
49. Difference between Balance Sheet and Statement of Affairs
50. Difference between Tangible Assets and Intangible Assets

Difference Between Finance Term

1. Difference between Loan and Advance
2. Differences between Money Market and Capital Market
3. Difference between GDR and ADR
4. Difference between Unsecured Loan and Secured Loan
5. Difference between Investment and Loan
6. Difference between Capital Structure and Financial Structure
7. Difference between Bond and Stock
8. Difference between Reporting Currency and Payment currency
9. Difference between Investment and Consumption

Difference between Banking Term

1. Difference between TDR and STDR
2. Difference between Traditional Banking and E-banking
3. Difference between APR and EAR
4. Difference Between Finance and Financing