JOURNAL AND LEDGER | NTA UGC NET Paper 2
JOURNAL AND LEDGER | NTA UGC NET Paper 2 The total sequence of accounting procedures, which are required to be followed in same order during each accounting period, is known as accounting cycle. It includes: Recording: In the first step, all the transactions should be recorded in the journal or books of original entry known […]
Bookkeeping and Accounting Process
The Bookkeeping and Accounting ProcessThe bookkeeping process refers primarily to recording the financial effects of financial transactions only into accounts. The difference between manual and any electronic accounting system is the time delay between the recording of the financial transaction and posting it in the concerned account. This delay is absent in electronic accounting systems […]
” Accounting All notes NTA UGC NET Paper 2″
Accounting All notes NTA UGC NET Paper 2 Accounting is a prerequisite of finance. Finance is a vast subject of study and knowledge of accounting serves as a ground for it. Knowledge and use of accounting information is key factor in any business undertaking. Just as there are various terminologies in medicine, which one has […]
Functions & Users of Accounting Information
Functions of Accounting Maintaining systematic records: The basic function of accounting is to maintain proper records of transactions that take place in chronological order. These records provide a base analysis and decision-making. It consists of recording in the original/subsidiary books of entry, posting to ledger, preparation of trial balance and final accounts. Meeting legal requirements: […]
Bookkeeping & The Double Entry System Accounts
Bookkeeping The process of recording financial transactions in the books of accounts is called as bookkeeping. These transactions include sales, purchases, income and payments by an individual or organisation. Bookkeeping should not be confused with accounting. Accounting is the process of recording, classifying, summarising, analysing, interpreting financial transactions and communicating the results thereof to the […]
Networking Operating System & UTILITIES | NTA NET Paper 1
Operating SystemsAs we have discussed in pervious Unit, Operating system (OS) is software, having various programs and data that runs on computers which controls the computer hardware and provides common services for efficient execution of various application software.For hardware functions such as input and output and memory allocation, the operating system work as an intermediary […]
Pointing devices & scanner | NTA UGC NET
Pointing devices Pointing devices provide an interface with the system unit by accepting point gestures and converting them into machine readable input. There are wide variety of different pointing devices including mouse, joystick, touch screen and light pen. While the most frequent pointing device by far is the mouse, and many more devices have been […]
FUNDAMENTALS OF COMPUTER & IT
FUNDAMENTALS OF COMPUTER & IT KeyboardsOne of the general and most common ways to input data is by keyboard. The Keyboards convert or translate numbers, letters and special characters that people understand into electrical signals. These electrical signals are sent to and processed by the system unit.There are wide varieties of different keyboard designs. They […]
TYPES & APPLICATIONS OF COMPUTERS NTA NET Paper 1
TYPES OF COMPUTERS The computers are classified in variety of ways depending upon the principle of working, construction, size, applications. Various types of computers are discussed in this section. Digital and Analog Computers Analog computers The computers that process analogue signals are known as Analogue Computers. Analogue signal is a continuous signal. For example sine […]
ADVANTAGES OF COMPUTERS & PROGRAMMING LANGUAGES
ADVANTAGES OF COMPUTERS & PROGRAMMING LANGUAGES Compared to traditional systems, computers offer lot of significant features. That‘s why the traditional systems are being replaced speedily by computer based systems. In traditional system human performs the task of writing data in the registers or books and used to perform calculations or making a report apart from […]
