1. Sushil Mundada 2. •DEBIT: Account has received a benefit•CREDIT: Account has parted with the benefit•DEBTOR: Person from whom we have to recover money•CREDITOR:…

1. Book keeping accounting 2. Transaction • There are two aspects of a transaction: Transaction Debit credit (Dr.) (Cr.) 3. Types of accounts • There are three types…

1. [email protected] 0917776 48745 TALLY MATERIAL Prepared By M.S.N.Durga Prasad 09177648745 [email protected] 2. [email protected] 0917764 8745 TALLY…

Unit- 3 Unit- 3 TYPE OF ACCOUNTS AND ITS RULES: There are three types of accounts namely Personal account, Real account and Nominal account. Personal account: It is related…

Slide 1 TRIAL BALANCE & RECTIFICATION OF ERROR 1 Trial balance TRIAL BALANCE Trial balance is a statement & list of debit and credit balances, taken out from ledger…

Accounting Cycle Transaction Journal Entries Ledger Trial Balance Trading and Profit & Loss Account Balance Sheet illustration T- 1: Bharath started business with the…

Presentation on Double Entry System Introduction Classification of accounts Rules of double entry system Advantages of double entry system Disadvantages of double entry system…

Double Entry Accounting System Double Entry Accounting System Topics Double Entry Accounting System-What it is? Cash and Accrual based Accounting Concept of Debit and Credit…

Double Entry Accounting System Double Entry Accounting System Topics Double Entry Accounting System-What it is? Cash and Accrual based Accounting Concept of Debit and Credit…