Bookkeeping involves recording monetary business transactions and maintaining accurate books of accounts of the business organization. Bookkeeping is basically writing business transactions in journals to
Accounting is the art of identifying, analyzing, classifying, recording, and presenting all monetary business transactions. Accounting provides a complex set of rules for all monetary
Bad or Doubtful debt is a terminology used by accountants for customers’ debts who are not able to pay or settle their debt on the
Two column cash book represents the Cash and the Bank column in the cash book records the amount of the transaction in the respective columns.
Accounts Receivable Control account, or Sales ledger control account is an accounting head. It is used as a collective account of all the debtors (
What is Account Receivable? Account Receivable keeps records of debtors of the business. All the Cash that the business is entitled to receive from its
Expenses include: Sales return Sales commission Opening stock Purchases Freight charges Cost of sales Administration expense Selling and distribution expense Finance charge/ Interest expense Salary
Current Assets include: Cash in hand/ till Bank balance Other cash equivalents Short-term investments Accounts Receivables Closing stock/ inventory Prepaid expenses Advance paid to vendors
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Accounting heads are the fundamental principles of accounting to identify the debits and credits of a transaction. Accounting heads segregate the monetary transactions of a
So Basically our ideology is, "If you wanna see the future you should come, and see us we can be a lot of things, but we choose to be us. Aja bethain thora baat karain zindagi ki sabke apne apne matlab par main matlabi ni, ek hi bar jeena hai tou WHY NOT میری جان" -YOUNG STUNNERS
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