Accounting
What is Single Entry System? & Features
There are two aspects of each transactions i.e. debit and credit under double entry system. But under single entry system,...
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Accounting
Pros and Cons
What are the Advantages of Double Entry System
Here in this article we will discuss about the advantages of Double Entry System is modern and scientific system. It...
Accounting
What is Double Entry Book-Keeping? & Features
The field of bookkeeping teaches us how to keep records of financial transactions. Two types of accounting are used for...
Accounting
What are the Objectives and Scope of Accounting?
Objective of Accounting These following are the main objectives of accounting. To keep systematic record of all business transaction It...
Accounting
Difference Between Book-Keeping and Accountancy
Book keeping and accountancy practically mean the same. However, they are different due to the following reasons. Book-keeping Bookkeeping is...
Accounting
What is Booking-keeping? Objectives & Importance
Book-keeping is the branch of knowledge, which tells us how to keep financial transactions. Each business deals a number of...
Accounting
What is Accounting and Characteristics of Accounting
Accounting is the management of the transactions and records which can also be done through the book-keeping method. Accounting is...