Basics of Financial Accounting: Chapter I: Fundamentals of Financial Accounting: The following questions contain multiple choices [ (a), (b), (c) and (d) ] in which one is…

1. What is Journal??? 2. Need of Journal Convenient Maintenance Nature of transactions Permanent record 3. Debit and Credit To record purchase of office furniture for cash…

1. WELCOME TO PPTPresented bySHINY PRATAPCommerce optionBNVCTE 2. DETECTION&RECTIFICATIONOF ERRORS 3. • Types of errors• Clerical error•…

1. Creative, Innovative Credit Solutions... Tailored to Your Needs Trade Credit Risk 2. Have You Been Caught With a Bad Debt? Trade Credit Risk Will Provide the Necessary…

1. Chapter -3: Recording of Transactions-I Questions for Practice Short Answers 1. States the three fundamental steps in the accounting process. Ans) The three fundamental…

Chapter -3: Recording of Transactions-I Questions for Practice Short Answers 1. States the three fundamental steps in the accounting process. Ans) The three fundamental steps…

1 Recording of Transactions - II Questions For Practice Short Answers 1. Briefly state how the cash book is both journal and a ledger. Ans) Cash book is journal in the sense…

1. 1 Recording of Transactions - II Questions For Practice Short Answers 1. Briefly state how the cash book is both journal and a ledger. Ans) Cash book is journal in the…