Finance
Grouping and Marshalling or Arrangement of Assets and Liabilities. The assets and liabilities should be shown in a certain order in the Balance ...
Meaning of Cash Book. A Cash Book is a special Journal which is used for recording all cash receipts and all cash payments. All cash transactions are ...
Purchases Book: Purchases Book (also known as Invoice Book or Purchases Journal or Purchases Day Book) is one of the ...
Meaning of Ledger: Journal is a memorandum book to record transactions date wise. On a particular date what are total purchases, total sales, ...
Advantages Financial Accounting. Maintenance of business records: All financial transactions are recorded in a systematic manner in the books of ...