What is Ledger? Important for Class 11th and 12th
What is Ledger? A ledger is a book where all the transactions related to a particular account are collected at …
All Important topics related to accountancy are archived here.
What is Ledger? A ledger is a book where all the transactions related to a particular account are collected at …
Introduction to Petty Cash Book In every business, of whatever size, there are many small cash payments such as conveyance, …
Operating revenue/Revenue from Operations Operating revenue or revenue from operations is commonly referred to as operating income, and it represents …
Different types of Companies The world of business today needs enterprises to be at the forefront of economic development and …
Capital Expenditure and Revenue Expenditure CAPITAL EXPENDITURE Expenditure which is incurred for acquisition and extension or Improvement of fixed assets …
Concept of Demand Demand refers to the quantity of a commodity that consumers are willing and able to purchase or …
Bill of Exchange: Meaning and Types INTRODUCTION In the present scenario, the sale and purchase of goods are done both …
Adjustment entries Adjustment entries- Adjustment entries are those entries that need to be passed at the end of the accounting …
Definition of Profit and Loss Appropriation Account A Profit and Loss Appropriation Account is a nominal account specific to partnership …
Basis of Accounting: Cash and Accrual In Accounting, the period is a crucial aspect. Deciding when the income and expenditure …