https://www.youtube.com/watch?v=Y_Gyfdofr24&list=PLuEkoncK3CJer3-gZFw8G1iU4Bx1xpIaz Causes of Deprecation The depreciation may broadly be divided into two:- Internal causes External causes. 1. Internal causes: Depreciation […]
Meaning of Depreciation Depreciation means the gradual decrease or loss in the value of asset due to its usage, passage
Watch video for clarification Syllogism all lessons and notes click here Syllogism all lessons and notes click here Syllogism
Bad Debts Recovery As states earlier, when the seller mentions any loss due to bad debt, it is written off
Provision for Discount on Debtors In almost all the business there is always an effort to collect our payments from
Methods of Accounting Basically there are two methods used for recording for bad and doubtful debts. First MethodIn the first
Sundry Debtors The sum total or aggregate of the amounts, which the customers owe to the business for purchasing goods
Capital Receipt A receipt is the inflow of money into the business which indicates the money received by a business
Difference between Capital Expenditure and Revenue Expenditure Difference between Capital Expenditure and Deferred Revenue Expenditure click here to download pdf
CAPITAL AND REVENUE TRANSACTION One of the most important objectives of financial accounting is to find out correct amount of
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