What are the types of accounts in accounting?
What are the types of accounts in accounting? According to the traditional approach, there are three types of accounts in …
Accountancy
All Important topics related to accountancy are archived here.
Which are the three categories of accounting?
Which are the three categories of accounting? The three categories of accounting are given below: 1. Financial Accounting 2. Cost …
What is posting in Accounting
What is posting in Accounting What is posting in Accounting? The process of transferring the entries recorded in the journal …
Debit and credit meaning
Debit and credit meaning Debit and Credit meaning Debit? Simply Debit refers to the left side of an account. If …
Real Accounts Examples List
Real Accounts Examples List What are Real Accounts? Real accounts are those accounts that relate to business property and things …
Income and Expenditure Account
Income and Expenditure Account What is Income and Expenditure Account? Income and Expenditure Account is a nominal account which is …
Receipts and Payments Account
Receipts and Payments Account Receipts and Payments Account? Or What is Receipts and Payments Account? Receipts and payments account is …
Cash Flow Statement
Cash Flow Statement A Cash Flow Statement is A statement that shows the inflow and outflow of cash and cash …
Cash Drawing Journal Entry
Cash Drawing Journal Entry Drawing? The money or goods or both withdrawn by the owner from the business for personal …
Journal Entries questions
Journal Entries questions Question 1 Pass Journal entries in the Journal of M/s Bhaskaran: January 1, 2022, Commenced business with …