Insurance
Business Insurance Basics
Business Insurance Most businesses need to purchase at least the following four types of insurance: ⦁ Property Insurance Property insur...
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Insurance
Auto Insurance Basics
Auto Insurance Auto insurance protects against financial loss in the event of an accident. It is a contract between the policyholder and t...
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Trading
Basic of insurance
Overview of insurance The insurance industry safeguards the assets of its policyholders by transferring risk from an individual or busines...
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Accounts
Bank Reconciliation Statement
It is a statement prepared to reconcile the difference between the balances, as per the bank column of the cash book and pass book on any gi...
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Accounts
Reconciliation Statements
Introduction Now-a-days, every business entity is having large number of financial transactions due to the dynamic economic environment. An ...
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notes
Journal Proper And Balancing The Accounts
journal proper meaning All those entries which cannot be recorded in any of the subsidiary books are recorded in the journal proper or ge...
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notes
Special Purpose/Other Subsidiary Books (Journals)
Special Purpose/Other Subsidiary Books (Journals) All cash transactions are recorded in the cash book but out of non-cash transactions...
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notes
Subsidiary Books - Meaning, Types, Advantage
The books which are prepared for specific and repetitive transactions are called special books or day books or special journals or subsidia...
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notes
Journal Book | Basic Accounting
The book in which the transactions are recorded on the basis of source documents/vouchers in chronological order for the first time is calle...
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