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Basic Accounting

Basic Notes On : Accounts and AccountancyImportant Accounting TermsDebt and CreditTransactionClassification of AccountsAssets Liability Income ExpensesGolden rule of AccountsJournalSome Example of Jou

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 ExchangeJournal Entries for BillSome More ExamplesTrial_BalancePreparation of Trial BalanceSome More ExamplesDepreciationMethod of DepreciationStraight Line DepreciationWritten Down Value DepreciationProvision for DepreciationAmortizationBad DebtJournal Entry for Bad DebtProvision for Bad DebtFinal AccountsJournal Entry for Final AccountsFinal Accounts for TraderFinal Accounts Preparation for TraderManufacturing AccountsFinal Accounts for ManufacturerTreatment of Abnormal LossOutstanding PrepaidShort Notes.Multiple Choice Question Test. Journal Entry Practice.

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