The Balance Sheet The balance sheet, also called the statement of financial position, is the third general purpose ...
Final accounts give a concise idea about the profitability and financial position of a business to its management, ...
Difference between Stock at Start and Stock at Close Distinguish between stock at start and stock at close ...
Meaning of Trial Balance Define the Trial Balance Trial Balance is a list of closing balances of ledger ...
Classification of Accounts It is necessary to know the classification of accounts and their treatment in double entry ...
BOOKS OF PRIME ENTRY Description of a Business Transaction Describe what a business transaction is An accounting transaction ...
The Meaning of Book Keeping Define book keeping Book-keeping is an art of recording financial business transaction in ...