Category: Accounting

JOURNAL

                                                                                            JOURNAL Introduction: –As the transactions are recorded in the Journal first, it is also known as Book of Original Entry or Book of Prime Entry or Subsidiary Books or Journal. Business...

BANK RECONCILIATION STATEMENT

BANK RECONCILIATION STATEMENT INTRODUCTION:- Bank Reconciliation Statement means a statement indicating the reasons or causes of non- matching the balance given in pass book & bank book. Generally BRS is prepared by bank or...

Depreciation

• Meaning of Depreciation:– The term refers to fall in the value or utility of fixed assets which are used in operations over the definite period of years. In other words, depreciation is the...

Management Accounting

• MEANING OF MANAGEMENT ACCOUNTING:- Management Accounting is the accounting which provides in non-technical language accounting, cost profit & other information necessary to the management for discharging its functions. Management accounting covers all those...