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Introduction of accounts

January 20, 2023jameelattariLeave a Comment

Friends, in this blog we will know what is an account and what are its types. In earlier times, separate books (diaries) were kept to keep separate accounts. Which is called an account in the language of Tally. There are three types of accounts. Three Types of Accounts Identification of Accounts Personal Account Accounts of […]

Keywords of accounting

January 20, 2023January 20, 2023jameelattariLeave a Comment

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Golden Rules of Journal Entries

January 20, 2023jameelattariLeave a Comment

Personal Account:- Example:- Cash received from Suresh Gaur:- 10000/- Suresh Gaur – Personal Account – Credit Cash– Real Account- Debit Cash Account 10000 To Suresh Gaur 10000 Real Account:- Example:- Furniture purchased – 4000/- Furniture – Real Account – Debit Cash – Real Account – Credit Furniture Account Dr. 4000 To Cash Account 4000 Nominal […]

Special Introduction of Some Accounts

January 20, 2023January 20, 2023jameelattariLeave a Comment

Drawings Account Stock account Discount Trade Discount Cash Discount Bad Debts Drawings Raw Material Opening Stock Closing Stock Debtors Creditors jameelattaritally.jameelattari.net

what is transaction in accounting

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The transaction that takes place between two parties is called a transaction. One side is the buyer and the other side is the seller. The behavior is as follows. cash transactions lending practices jameelattaritally.jameelattari.net

What is accountancy

January 20, 2023jameelattariLeave a Comment

What is accountancy What’s the meaning of accountancy? Accounting is the process of recording financial transactions related to a business. What is an accountancy example? Accountancy v/s Accounting Type of accounting Financial Accounting the processes used to generate interim and annual financial statements. The results of all financial transactions that occur during an accounting period […]