Journal Class 11 Notes Accountancy
The books in which a transaction is recorded for the first time from a source …
The books in which a transaction is recorded for the first time from a source …
Recording all transactions in one single journal would make accounting very complex. Therefore, the Journal …
A Bank reconciliation statement is a statement prepared mainly to reconcile the difference between the …
Depreciation refers to the decrease in the value of tangible fixed assets due to time …
Capital and Revenue is one of the shortest chapter in Accountancy. Here are the Capital …
Here are the Provision and Reserves class 11 notes. According to the Companies Act, the …
Trial balance is a statement, prepared with the debit and credit balances of ledger accounts …
Goods and service tax is an indirect tax levied at a prescribed rate on every …
Source documents are those documents that are used by an organization as an evidence of …
According to this system, every business transaction affects at least two accounts in opposite directions. …