What is Fixed Assets? Meaning, Definition & Importance
Fixed assets are permanent and long-term assets sources of a firm which are being used for carrying out the business operations.
What is Trial Balance? Meaning, Definition, Format & Objectives
Trial balance is a statement which takes into account all the debit and credit balances from the ledger accounts. It is prepared in order to verify whether the balance of debit side is same as that of the credit side. Trial balance can also be defined as a statement consisting of balances of different ledger accounts on a specific date. When both the sides of trial balance tally it means that books of accounts are accurate.
What is Fund Flow Statement? Meaning, Definition, Uses & Objectives
As balance sheet and income statement provides only limited information, it is necessary to prepare a statement which shows the changes in both assets and liabilities of the firm during a specified period of time. Such a statement is known as a funds flow statement or statement of sources and application of funds or statement showing the position/movement of working capital. Thus, with the help of fund flow statement, financial analyst can make appropriate estimation about the financial position and policies of the firm.
What is Working Capital? Meaning, Definition & Need
Working capital is required by the firm for the purpose of purchasing raw materials, payment of wages and other routine expenses, etc. It is required for financing current assets such as cash, marketable securities, debtors and inventories.
What is Cash Flow Statement? Meaning, Definition & Importance
A cash flow statement explains the inflows and outflows of cash and cash equivalents during a specified period of time. Such inflows and outflows are classified into operating investing and financing activities during a particular period of time.
Octal to Binary Converter – Steps, Table & Examples
Octal to Binary Converter Enter an octal number: Convert Binary equivalent: Thus, an Octal to Binary Converter is a tool that is used to convert a number represented in octal (base-8) notation to its binary (base-2) equivalent. The tool takes an octal number as input and performs the conversion using a simple process that involves … Read more
Direct Loading Test on Transformer – Experimental Set-up & Procedure
The direct loading test is used to find the efficiency and regulation of the transformer.
What is an Ideal Transformer? Working, Phasor Diagram, Formula & Properties
An ideal transformer is the transformer having the following Properties.
- The losses are zero (No iron loss, no copper loss).
- The primary and secondary winding resistances are zero.
- The leakage flux is zero. Therefore all the flux produced by the primary winding is coupled to the secondary.
- A small current is required to develop flux inside the core. This happens because the permeability of the core is very large.
- The external voltage applied to the primary, V1 is same as the primary induced voltage El. This is because the primary winding resistance is zero and so there is no voltage drop across it.
\[{{E}_{1}}={{V}_{1}}\]
- Similarly the voltage induced in the secondary winding (E2) will be equal to the load voltage V2, because the secondary resistance is zero.
\[{{E}_{2}}={{V}_{2}}\]
8. The transformation ratio for an ideal transformer is given by
\[k=\frac{{{E}_{2}}}{{{E}_{1}}}=\frac{{{V}_{2}}}{{{V}_{1}}}\]
- Efficiency of an ideal transformer is 100%. This is because there are no losses taking place.
- The voltage regulation is That means the secondary voltage will remain constant irrespective of the load current.
Types of Losses in a Transformer – Copper Loss, Iron Loss, Hysteresis Losses & Eddy current losses
An ideal transformer is loss free. But in the practical transformer there are following losses taking place.
Figure1: Losses in a Transformer.