Preparing BRS by Debit Credit Method | 23 Entries in BRS
Calculate the difference of both the sides and put that amount on the side having short total…
Accountancy Class 11 category has all the topics of the Accountancy syllabus of Class 11. All the topics have been explained in very easy manner.
Calculate the difference of both the sides and put that amount on the side having short total…
Balance Sheet Equation also known as Accounting Equation is the basis of Double Entry System of…
A student can use any method for rules of Double entry, Basic Book Keeping method or Balance Sheet Equation method.
When there is no documentary for any items, voucher may be prepared showing the necessary details and got approved by appropriate authority within the firm.
Journal is the book of original entry in which the transactions are entered for the first time from the source documents,
The journal is subdivided into a number of books of original entry, on the basis of similarity of transactions…
Cash book is a book generally made on monthly basis, in which all cash transactions i.e. cash receipts…
Here is the summary of basic cash transactions, to be entered in Cash book, for a ready reference…
Petty cash book is used to record small receipts and payments, separately from regular cash book…
The transactions which cannot be recorded in any of the above-mentioned subsidiary journals…