Posted inStudy Material
Double Entry Bookkeeping: Features and Step-by-Step Process
Double entry bookkeeping is a method to record business transactions involving all the two sides – debit and credit of each…
Posted inStudy Material
What is Mobile Bookkeeping Report? Types, Benefits & Importance
Businesses usually have to keep their business records in order. Mobile bookkeeping report, allows you to monitor your money from your mobile.…
Posted inStudy Material
Ledger Account: Meaning, Types, Format & Preparation of Accounts
The ledger account contains all types of transactions that the entity has had for a specific account in a given period.…
Posted inStudy Material
Features and Limitations of Single Entry System of Accounting
Single entry system of accounting is used frequently by small businesses and shopkeepers. Only one side of the transaction is kept in…
Posted inStudy Material
Formal and Informal Financial System, Sources, Roles, and Impact
In India, all the ways in which people get and give money is known as formal or informal financial system. These…