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 …
FACTORS AFFECTING DEMAND OR DETERMINANTS OF DEMAND
FACTORS AFFECTING DEMAND OR DETERMINANTS OF DEMAND Factors affecting demand Or Determinants of demand – The factors which affect the …
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 …
BALANCE OF PAYMENTS
BALANCE OF PAYMENTS BALANCE OF PAYMENTS? The balance of payments is a systematic record of all economic transactions between the …
Cash Drawing Journal Entry
Cash Drawing Journal Entry Drawing? The money or goods or both withdrawn by the owner from the business for personal …