Role of Accountant : Maintenance of Books of Accounts by Accountant
Role of Accountant: An accountant performs financial functions related to the collection, accuracy, recording,…
Browsing Tag
Accounts
Branches of Accounting, Types of Accounting, How Many Branches in Accounting
Branches of Accounting: Accounting has universal application for recording transactions and events and presenting…
Stages of Accounting | Accounting Cycle Steps | How Many Stages?
Stages of Accounting: As per this definition, accounting is simply an art of record keeping. The process of…
Double Entry System (Definition), Advantages of Double Entry System
Double Entry System: Double entry system of book-keeping has emerged in the process of evolution of various…
Systems of Accounting, Basis of accounting (Cash & Accrual Basis)
Systems of Accounting, Basis of accounting (Cash Basis & Accrual Basis). Difference between Accrual Basis of…
Rectification of Errors | Stages of Errors | Need for Rectification of Errors
Rectification of Errors: Every concern is interested in ascertaining its true profit and financial position at the…
Difference between Book Keeping and Accounting with Meaning
Difference between Book Keeping and Accounting with Meaning: Book-keeping is an activity concerned with the…
Classification of Errors, Types of Errors (Clerical Errors, Errors of Commission)
Classification of Errors or Types of Errors: Every concern is interested in ascertaining its true profit and…
Trial Balance: features, objectives, methods of preparing the trial balance
Trial Balance methods: A trial balance is a schedule or list of debit and credit balances extracted from various…
Petty Cash Book 2019, Imprest System of Petty Cash (Advantages)
Petty Cash Book: Payments in cash of small amounts like traveling expenses, postage, carriage etc. are petty cash…
Accounting Cycle, Detail of Accounting Cycle, What is Accounting Cycle
Accounting Cycle: When complete sequence of accounting procedure is done which happens frequently and repeated in…
Fundamentals of Accounting, Introduction to Financial Accounting
Fundamentals of Accounting: Every individual performs some kind of economic activity. A salaried person gets salary…