Basic Accounting

Basic Notes On : Accounts and AccountancyImportant Accounting TermsDebt and CreditTransactionClassification of AccountsAssets Liability Income ExpensesGolden rule of AccountsJournalSome Example of JournalLedgerPosting in LedgerLedger BalancingCash BookTypes of Cash BookSingle Column Cash BookDouble Column Cash BookTriple Column Cash BookInventoryFirst In First Out(FIFO) MethodLast In First Out(LIFO) MethodWeighted MethodSpecific MethodBank Reconciliation Statement(BRS)Example of BRSBill of Excha

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