The major differences between capital account and current account are as follows −Capital AccountThese are accounts related to capital investments and expenditures of a country to another.It measures inflow and outflow of capital in economy.It evaluates country net investment position.Impacts foreign assets and liabilities of a country.Deals with source and ... Read More

The major differences between large cap stock and small cap stock are as follows −Large Cap StockIf market capital is greater than 20, 000 crores, then it is called large cap stock.The risk is less.There are less returns.It has relatively high stability in business.The availability of information is high.It has ... Read More

The major differences between annuity and lump sum are as follows −AnnuityThe payments are spread across the period of time.An investor who wants regular inflow of payments prefers annuity.It is short term in nature.The types of annuity are deferred and immediate.An amount received is very less to take decision about ... Read More

The major differences between period cost and product cost are as follows −Period CostIt’s the cost not allocated to any products and is charged as expenses.It is also called as operating costs.Time is the basic for period cost.It contains only non-manufacturing cost.It is recorded as expense in income statement.It is ... Read More

The major differences between revenue and turnover are as follows −RevenueIt is the total value of goods sold by a company.It is the money earned by selling goods/services.It effects the profitability of a company.It calculates the gross profit, net profit and operating profit.It determines growth of the company.The types of ... Read More

The major differences between marginal tax rate and effective tax rate are as follows −Marginal Tax RateIt is additional tax paid on additional dollar is earned.It’s a percentage of income paid on additional dollar earned.Different tax rates are applicable.Amount paid is higher (calculated amount).Higher income people/companies pays more taxes.Taxation goes ... Read More

The major differences between limited partner and general partner are as follows −Limited partnerLiable to extend of investment made.Ownership is predefined in agreement.Minimal control partner.Profit/loss is shared according to investment proportion.It has complex structure.More paperwork is required.Less participation in day to day business activities.General PartnerIt has unlimited lability.It has equal ... Read More

The major differences between calendar year and fiscal year are as follows −Calendar yearIt has fixed time period.It is used in normal life undertaking.It includes 365 days (from January 1st to December 31st).Tax reporting is easy.MNC’s Financials is simple.Easy to compare financials of different companies.Fiscal yearBusiness can choose its starting ... Read More

The major differences between limited liability companies and partnership are as follows −Limited liability companiesPartnershipsOffers features of both partnership and a body corporate.It is governed by Limited Liability Partnership Act, 2008.Registration is mandatory with the ministry of corporate affairs.Charter document is LLP agreement.Liability is limited to capital contribution (except for ... Read More

The major differences between stock option and Restricted share unit (RSU) are as follows −Stock OptionIt is right to employee to buy fixed share at a fixed price and time.The employees receive stock after vesting period.Stock is used as a mode of payment.Taxes on non- qualified stock and incentive stock.Market ... Read More