March 2022

Golden Rules of Accounting - Double Entry System in Accounting

Double Entry System in Accounting The double-entry system of book-keeping is an accounting system that recognizes the fact that every trans...

Manish Patidar 28 Mar, 2022

Principles of Accounting - Accounting Concepts and Conventions

Question: What do you mean by Basic Accounting Principles? Also, explain the accounting concepts and conventions. Answer Introduction Let us...

Manish Patidar 27 Mar, 2022

Basic Terms of Accounting

In the previous chapter, we let you know, what the term Accounting means. You got to know the meaning, definition, evolution, characteristi...

Manish Patidar 8 Mar, 2022

Meaning and Basic Concepts of Accounting

Meaning of Accounting Accounting is a service function that provides financial information to the interested parties inside and outside the...

Manish Patidar 1 Mar, 2022