Ledger
In case the debit side total is more than the credit side total, the difference is written on the…
In case the debit side total is more than the credit side total, the difference is written on the…
Trial Balance is the summary statement containing the Ledger Balances, where the total of Debit and Credit balances…
A student can use any method for rules of Double entry, Basic Book Keeping method or Balance Sheet Equation method.
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…
The theory base of accounting includes principles, concepts, rules and guidelines developed which are necessary…
Accounting Process starts with the transactions recorded in Journal, passing through ledger ,converted into Financial Statements serving the different interested parties.
Most common mistakes made by the students attempting 12th Accountancy exam. have been mentioned here.
A beginner in Accountancy must understand some basic terms. All the topics further are based on the knowledge of these basic terms.