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With the expansion of the corporate world and the advent of multinational companies in India, the job and career opportunities for Commerce stream students have increased exponentially. Even though there are scores of professional cou… More
Principles of Accountancy are the pillars, bearing the pressure of all the commercial transactions of the world as Accountancy is the backbone of any business, commerce, or trade. Thus, the one must use a computerised accounting system w… More
Chartered Accountancy is not just a course but a social responsibility for which individuals are trusted by the public, corporate firms, government authorities and other pillars of the economy. With a reputation of being one of the highe… More
Ordinarily, businesses maintain their books adhering to the double-entry system of bookkeeping. But small-scale enterprises commonly don’t use an organized system of bookkeeping and rather follow the Single-Entry Method. Cl… More
In our day-to-day lives, we pay different bills of products or services we utilise. There are different types of bills depending upon the transactions the customer has made. Class 11 Accountancy chapter, Bill of Exchange educates us abou… More
The Accountancy topics taught in class 11 aims to impart a sound understanding of the field with respect to the upcoming advanced studies. One such topic is Recording of Transactions that familiarizes us with core knowledge of how we can pr… More
Preparing a trial balance is the ultimate step of the final preparation of accounts for an organisation. Hence, being a student of Accountancy, one must get a stronghold of this topic so that all the calculations made are correct. Let’s div… More
With an array of different activities carried out in a business enterprise, keeping the scope and maintaining records for future and past is necessary to assess the value of the business assets in the long run. For this purpose, depreciati… More
Generally, firms or customers open a current account with a bank, make transactions, and to record it, they maintain a bank column in the cashbook. Bank also opens a separate account for each firm or customer in its ledger and supplies a copy … More
The first chapter of Accountancy class 11, namely, Introduction to Accounting acquaints students with a new and one of the most important commerce stream subjects. This provides aims to establish a foundation for the students who aspire … More
