” 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: […]
