Basic Terms of Accounting

Business : In general term any activity undertaken for purpose of earning profit   Capital : Capital represents cash and resources introduced by…

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Class 11th Rectification of Error

  Accounting errors are the errors committed by persons responsible for recording and maintaining accounts of a business firm in…

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Bill of exchange ,11th Class accounts

We know that now-a-days in business transactions on credit are on the rise. When goods are sold on credit a…

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Final Accounts,class 11th

Financial statements are the statements that are prepared at the end of the accounting period, which is generally one year….

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