The following points highlight the four main types of accounting. The types are:- 1. Adjusting Entries 2. Transfer Entries 3. Closing Entries 4. Opening Entries. Types # 1. Adjusting Entries: It is a normal practice to make entries in the accounting records on cash basis (revenues and expenses actually received and paid). However, there is a need to formulate accounting [...]
In this article we will discuss about:- 1. Introduction to Funds Flow Statement 2. Meaning and Definition of Funds Flow Statement 3. Concept of Flow of Funds 4. External Sources Include of Funds 5. Applications of Funds Flow. Contents: Introduction to Funds Flow Statement Meaning and Definition of Funds Flow Statement Concept of Flow of Funds External Sources Include of [...]
Essay on Accounting :- 1. Introduction to Accounting 2. Meaning of Accounting 3. Functions 4. Importance 5. Systems 6. Principles 7. Concepts 8. Accounting Conventions 9. Limitations. Contents: Essay on the Introduction to Accounting Essay on the Meaning of Accounting Essay on the Functions of Accounting Essay on the Importance of Accounting and its Users Essay on the Systems of [...]