Showing posts with the label Financial Accounting

What are the objectives (purpose) of preparing trading account?

Are you curious to know the main objectives (purpose) of preparing a Trading Account in accounting…

What is Trading Account in accounting? It's features, objectives

Are you curious to know, as to, what is Trading Account in accounting? Its features, and objectives…

What is Double Entry System of Accounting?

Under the Double Entry System of Accounting , all the business transactions are recorded as Debit…

What are Accounting Principles (Generally Acceptable Accounting Principles)?

Generally Acceptable Accounting Principles are the basic rules, principles, concepts in financia…

What is Trial Balance? It's features, objectives, types/methods

Let us know as to What is Trial Balance in Accounting? It's features, objectives, types, metho…

what are Ledgers in Accounting? Its meaning, features, objectives, types, uses

Are you curious to know, what is Ledger in Accounting? Also, let us look into its features, types…

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