Due to the rapid increase in human population and industrialization, humans have over utilized natural resources; leading to degradation of...
Read morejournal proper meaning All those entries which cannot be recorded in any of the subsidiary books are recorded in the journal proper or ge...
Read moreSpecial Purpose/Other Subsidiary Books (Journals) All cash transactions are recorded in the cash book but out of non-cash transactions...
Read moreThe books which are prepared for specific and repetitive transactions are called special books or day books or special journals or subsidia...
Read moreThe book in which the transactions are recorded on the basis of source documents/vouchers in chronological order for the first time is calle...
Read moreBook of Original Entry A book of original entry is a book of record in which transactions are recorded as they occur on daily basis and in...
Read moreWhat is voucher in accounting A voucher is a written document prepared by the accountant providing the evidence of a business transaction. ...
Read moreAccounting Process: Introduction As and when any transaction or event takes place, it is recorded in the books of the business if it is exp...
Read moreMeaning of IFRS IFRS's are a set of Accounting Standards developed by IASB (International Accounting Standard Board) formerly known as I...
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