SUBSIDIARY BOOKS | Accounting All notes NTA UGC NET Paper 2
SUBSIDIARY BOOKS Cash book Cash book is a book of original еntry. It rеcords transactions involving rеcеipts or paymеnt of […]
SUBSIDIARY BOOKS Cash book Cash book is a book of original еntry. It rеcords transactions involving rеcеipts or paymеnt of […]
Difference between Journal and Ledger click here to download pdf For Next Lesson Click here
Sub-Division of Ledger When the size of organisation is very large and number of accounts is abundant, it is necessary
Types of Entries There are two types of entries, which are recorded in the journal: simple entry and compound entry.
JOURNAL AND LEDGER | NTA UGC NET Paper 2 The total sequence of accounting procedures, which are required to be
The Bookkeeping and Accounting ProcessThe bookkeeping process refers primarily to recording the financial effects of financial transactions only into accounts.
Accounting All notes NTA UGC NET Paper 2 Accounting is a prerequisite of finance. Finance is a vast subject of
https://www.youtube.com/watch?v=ZOB6ut6Y-_Y Functions of Accounting Maintaining systematic records: The basic function of accounting is to maintain proper records of transactions that
https://www.youtube.com/watch?v=Y_Gyfdofr24&list=PLuEkoncK3CJer3-gZFw8G1iU4Bx1xpIaz Terminology of Financial Accounting Event: It a process or part of process that occurs at a particular moment and
Bookkeeping The process of recording financial transactions in the books of accounts is called as bookkeeping. These transactions include sales,