What are Books of Original Entry – A book of original entry is an accounting book or journal where we record all the business transactions… Read More
Tag Archives: SSC Finance and Economics
Manufacturing of goods is the conversion of raw materials into finished or semi-finished goods. There are many products which need to be manufactured before selling… Read More
In Partnership Firm, a trading Account and profit & loss account is prepared and the net profit/ loss arrived is further divided among the Partners… Read More
A trial balance is a statement where the balance of all ledgers is compiled into the debit and credit side of the accounts. The summation… Read More
