by Phillip | Jul 9, 2017 | Accounting
Accountancy is one of the most popular disciplines of studies in the recent era. Every small to large scale business enterprise is in need of skilled accountants to manage their accounts, finances and profits. Hence, there is a constant demand of skilled...
by Phillip | Jul 9, 2017 | Accounting
Accountancy is a subject that includes not only massive calculations but also involves various factors such as tax, revenue, profit, savings, etc. “Transaction†is the very first element of accounting. The transaction is the very first element of accounting, and...
by Phillip | Jul 9, 2017 | Accounting
Cash book is a part of general ledger from accounting point of view. The entries into the cash book are posted in the general ledger. It is a financial journal with all cash receipts and payments including bank deposits and withdrawals. All cash transactions are...
by Phillip | Jul 9, 2017 | Accounting
Every student should know the art of preparing notes and explanations. For example, say you have an exam the next day. You are still on the schedule to finish studying about half of the subject. Just imagine how you would feel without short hand notes or clear cut...
by Phillip | Jul 9, 2017 | Accounting
A bank reconciliation statement is a very useful tool to look after your bank balance. It is nothing but comparing the bank statements with your transaction activities. It can be done manually by you, or can also be done by a professional. It helps you in providing...
by Phillip | Jul 9, 2017 | Accounting
There are certain principles and procedures that should be strictly followed, during the preparation of bank reconciliation statements homework answers. First let us get a brief idea about what a bank reconciliation means. We are quite familiar with book keeping,...
