Accounting Cycle: When the complete sequence of accounting procedures is done which happens frequently and is repeated in the same directions during an accounting period,
Subsidiary Books: Introduction and Advantages of Subsidiary Books. In a Business, most of the transactions generally relate to receipts and payments of cash, the sale
Ind AS 41, Agriculture: The objective of Ind AS 41 is to prescribe the accounting treatment and disclosures related to agricultural activity. Agricultural activity is
Objectives of Accounting: Business is an economic activity undertaken with the motive of earning profits and maximizing wealth for the owners. Business cannot run in
Basics of Tally: Definition of Tally, features, and Usage- This Accounting software is India’s most popular accounting software. It is a useful and complete package
LedLedger Accounts – Principal Book of Accounts: All journals are posted into the ledger chronologically and in a classified manner Ledger is the principal book
Branches of Accounting: Accounting has a universal application for recording transactions and events and presenting suitable information to aid decision-making regarding any type of economic
Accounting Vouchers In Tally Prime: Users must continuously record various transactions for accounting, inventory management, and statutory compliance as business owners. For these, business people
List of Tally Ledgers Groups List pdf:(Tally ledger under which head) Check the complete list of tally ledgers created under the group list of Tally ERP
Accounting entries in Tally Prime 2024: After successfully establishing and understanding Tally Prime. A business person can start recording his transactions as accounting entries daily.
Debt Equity Ratio: The debt-equity ratio is an indication of the relationship between the contribution of the creditors and shareholders /owners in the capital employed