Admission of a new partner Class 12 ISC and CBSE
Admission of a new partner Class 12 ISC and CBSE Admission of a new partner? Rachit and Rohit are running …
English Accountancy
English Accountancy for English medium students
Goodwill questions for practice Class 12 ISC & CBSE
Concept of Goodwill Goodwill questions for practice Class 12 ISC & CBSE (1) Average Profit Method: (a) Simple Average Profit …
Assets liabilities and Capital
Assets liabilities and Capital Assets- Assets are valuable economic resources of an enterprise, that can be expressed in terms of …
Accounting Cycle Or Accounting Process
Accounting Cycle Or Accounting Process Accounting Cycle Or Accounting Process:- “An accounting cycle or accounting process is a complete sequence of the accounting process, that begins …
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 …