Functions of Accounting
by To move ahead to the functions of accounting, first of all, it is very important to know about the role of accounting. The basic role …
Tag: Equity
Book Keeping and Accounting
Key differences between Book Keeping and Accounting
Compound Journal entries, Opening entry
Compound Journal entries: Compound Journal entries involve multiple accounts being debited or credited within a single journal entry, rather than just two. These entries are …
Ledger Posting and Trial Balance
Ledger Posting Ledger posting is very important part of accounting system. As we know that to reach to any financial result, we have to go …
Preparation of Cash Book, Sales and Purchase book
Preparation of Cash Book, Sales and Purchase book
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