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 …
Accounts
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 The money or goods or both withdrawn by the owner from the business for personal …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 …
Trial balance practice questions
Trial balance practice questions Example 1 Prepare Trial Balance for the following Balances as on 31st March 2021: Non-Current Assets …
10 Balance Sheet Questions for Practice
10 Balance Sheet Questions for Practice Question 1 From the following particulars are given after preparation of income statement, prepare …