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BENEFITS OF COMMERCE Hi guys! Today we will discuss the benefits of commerce. After doing Matriculation, what we can do in future. T...
(34) Discount It is an allowance given by the seller of goods out of selling price/list price/catalogue price or a deduction for makin...
F ORMAT OF JOURNAL JOURNAL OF…… DATE PARTICULARS L.F. DEBIT AMOUNT र CREDIT AMO...
(32) Enter the following transactions in the Journal of Raj Mohan: 2018 May 1 Raj Mohan Started Business with Cash % 50,000 and Bank B...
Merton classification of Accounts Accounts Asset Accounts Land & Building, Plant & Machinery, Furniture, Inventory...
(30) Accounts An account is a record of all business transactions relating to a particular person or item. In accounting we keep a separat...
(29) Stock/Stock in Trade Stock includes the value of those goods which are purchased for reselling and which are lying unsold and the...
(28) Goods Goods Goods include all these things which are purchased for resale...