Actually there are a number of accounting concepts and principles based on which we prepare our accounts
These generally accepted accounting principles lay down accepted assumptions and guidelines and are commonly referred to as accounting concepts
Accounts Presentation for Class 11 Chapter-DEBIT AND CREDITGAMERZGUIDE
It contains information regarding
what is an account
what is debit and credit
what are the rules of Debit and Credit.
balancing and its process and its significance
Accounts Presentation for Class 11 Chapter-DEBIT AND CREDITGAMERZGUIDE
It contains information regarding
what is an account
what is debit and credit
what are the rules of Debit and Credit.
balancing and its process and its significance
It's a good presentation for those students who just started to learn accounting.
Basic theory of accounting must be clear, and there for here I have uploaded this presentation.
Class- XI Financial Accounting
Chapter- 1 Introduction To Accounting
Includes detailed explanation as well as mind maps for quick revision and a glance. #financialaccounting #class11 #ppt #class11chapter1 #accounts #commerce #class11accountschapter1 #quick revision #smritisharma #introductiontoaccounting #detailedexplanantion
Basics of Accounting. Principles and concepts of Accounting
what is Double Entry System of Accounting?what Financial Statements?
Accounting is a process of identifying, recording, summarising and reporting economic information
to decision makers in the form of financial statements.
It is the system in which both the aspects i.e. debit as well as credit are recorded in the books of accounts .It records transactions relating to all the accounts i.e. personal, real and nominal.
It's a good presentation for those students who just started to learn accounting.
Basic theory of accounting must be clear, and there for here I have uploaded this presentation.
Class- XI Financial Accounting
Chapter- 1 Introduction To Accounting
Includes detailed explanation as well as mind maps for quick revision and a glance. #financialaccounting #class11 #ppt #class11chapter1 #accounts #commerce #class11accountschapter1 #quick revision #smritisharma #introductiontoaccounting #detailedexplanantion
Basics of Accounting. Principles and concepts of Accounting
what is Double Entry System of Accounting?what Financial Statements?
Accounting is a process of identifying, recording, summarising and reporting economic information
to decision makers in the form of financial statements.
It is the system in which both the aspects i.e. debit as well as credit are recorded in the books of accounts .It records transactions relating to all the accounts i.e. personal, real and nominal.
Accounting concepts and conventions
In drawing up accounting statements, whether they are external "financial accounts" or internally-focused "management accounts", a clear objective has to be that the accounts fairly reflect the true "substance" of the business and the results of its operation.
The theory of accounting has, therefore, developed the concept of a "true and fair view". The true and fair view is applied in ensuring and assessing whether accounts do indeed portray accurately the business' activities.
To support the application of the "true and fair view", accounting has adopted certain concepts and conventions which help to ensure that accounting information is presented accurately and consistently.
Accounting Conventions
The most commonly encountered convention is the "historical cost convention". This requires transactions to be recorded at the price ruling at the time, and for assets to be valued at their original cost.
Under the "historical cost convention", therefore, no account is taken of changing prices in the economy.
This Drawing Competition was a hit show grabbing the attention of 5K people with a participation of 17 schools, like
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DPS, DAV, to name a few!
The excitement was reflected from their faces, and the proud
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On this unforgettable occasion of Gandhi Jayanti, Let's spare our few minutes for a great leader and freedom fighter of India.
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At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
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Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
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Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
An introduction to the cryptocurrency investment platform Binance Savings.Any kyc Account
Learn how to use Binance Savings to expand your bitcoin holdings. Discover how to maximize your earnings on one of the most reliable cryptocurrency exchange platforms, as well as how to earn interest on your cryptocurrency holdings and the various savings choices available.