Thus, on any date, the total of all debits must be equal to the total of all credit because every debit has a corresponding credit. This method of writing every transaction in two accounts is known as Double Entry System Of Accounting of the two accounts, one account is given debit while the other account is given credit with an equal amount. For Example, when we purchased goods for cash, we received goods and give cash in return, similarly in a credit sale of goods, goods are given to the customer and customer becomes debtor for the amount of goods sold to him. We have seen earlier that every business transaction has two aspects, i.e., when we received something we give. UNIT 1 (Windows 8.1) 1 Windows 8.1 Personalization Desktop 2 Windows 8.1, ,. 1PGDCA1 Fundamentals of Computers & Information Technology. PC Packages (Word, Excel, Powerpoint) Question Bank for PGDCA 1st Sem. So that it may be used by manager, owners and other parties. Online Study Material for PGDCA Post Graduate Diploma In Computer Applications (PGDCA). such accounting records are required to be maintained to measure the income of the business, communicate the information. In other words an account is a systematic record of all transaction relating to a person, an asset, a liability, an expense or an income. The main purpose of accounting is to ascertain profit or loss during a specified period, to show financial condition of the business on a particular date and to have the control over the firm‟s property. Some Text from the Tally Notes PDF Accounting: (Basic Computer Hindi Notes for ITI COPA, CCC, DCA, PGDCA, BCA & Other Computer Courses. A comprehensive guide to computer basics and concepts for PGDCA students in Hindi.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |