I am Vikneshwaran Kumaraguru. I would like to share all the information which is related to accountancy and accounting related formulas. I have another technical blog also. www.techpills.org
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Nowadays, many businesses use computers for maintaining accounting records and data may be stored on disks rather than in journ... -
There are just six simple rules to be followed in Debit and Credit Debit what comes in Credit what goes out Debit the r... -
According to modern approach, accounts are classified into six categories: (1) Assets Account; (2) Liabilities Account; (3) Capital Ac... -
For recording business transactions, there are three approaches to accounting which are widely accepted (a) Cash bas...
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While the conventions are based on what is practicable, there are certain accounting concepts which are based on log...
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Accounting, as we know is the systematic record of all business transactions of financial nature with a view to understand the res...
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Accounting is helpful to business in assessing their worth i.e., profit , loss , assets and liabilities . It enables the business in ...
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Name of User Decision-Making Purpose Owners As the owners (Shareholders)...
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Financial accounting is based on accounting equation. The resources are possessed by the firm as assets. Some of the resources will ...
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Personal Account: It deals with accounts of individuals like creditors, debtors, bank, etc. It shows the balanc...
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