Trial Balance Meaning of Trial Balance Define the Trial Balance Trial Balance is a list of closing balances of ledger accounts on a certain date and is the first step towards the preparation of financial statements. It is usually prepared…
Classification of Accounts It is necessary to know the classification of accounts and their treatment in double entry system of accounts. Broadly, the accounts are classified into three categories: Let us go through them each of them one by one.…
Principles of Double Entry System Describe what a business transaction is An accounting transaction is a business event having a monetary impact on the financial statements of a business. It is recorded in the accounting records of the business. Examples…
Subject Matter of Book Keeping The Meaning of Book Keeping Define book keeping Book-keeping is an art of recording financial business transaction in a set of books in terms of money or money worth. Bookkeeping involves the recording, storing and…
Bookkeeping is the process of recording, organizing, and maintaining financial transactions for a business or individual. It involves tracking all financial activities, such as sales, purchases, receipts, and payments, and ensuring that these transactions are accurately documented in the company’s…
Translation is a process by which ideas that are written in one language ar...
Are the abilities that allow you to write effectively and concisely. A competent...
Reading is the process of going through written information or piece of wor...
What is Speaking? SPEAKING SKILLS: Speaking is simply the act of talking wh...
Listening is ability to accurately receive and interpret messages in the communi...
This is the field or branch of morphology which studies different principles or ...
Language is a symbol system based on pure or arbitrary conventions…...
Ecology is the study of the interactions between living things, such as humans, ...
EVOLUTION Evolution is a change in the genetic composition of a population...
Genetics is the study of heredity and variationHeredity- is the passage of chara...