Accounting Equation equates a company’s assets to its liabilities and equity. This shows all company assets are acquired by either debt or equity financing. For… Read More »What is Accounting Equation?
Accounts Types: For the purpose of analysis,and record,accounts are broadly classified in two categories which are follows: Personal accounts Impersonal accounts 1. Personal Accounts: Personal… Read More »Broad Classification of Accounts
Management Functions Managers in organizations undertake management Functions; there is a divergence of views, The list of management functions various from author to author both… Read More »Functions of Management
Definition: Computer is an electronic device which is performing calculating, storing, retrieving information from its memory is called Computer. The word Computer is derived from a Latin word “computare”… Read More »Generations of Computer
The process of recording of business transactions in journal,classifying them,posting in appropriate ledger and preparing the trial balance and financial statement with the help of… Read More »Computerised Accounting