Written on Nov, 13, 2011 by in | Leave a comment

To record the business transactions, first of all we have to create the account heads as per the nature of the transactions.  There is a golden rule in recording the business transactions that is:- one account is to be debited and other account is to be credited. According to the classification of accounts,  we follow the following golden rules for …


Related pages


income tax for 2014-15accounting for consignmentexplain bank reconciliation statementcredit voucher meaningstationeries definitionhow to compute for vatwhat does sundries mean in accountingsundry debtors and sundry creditors meaningjournal entry for advance paymentwhen to deduct tdsdifference between accounting and bookkeeping pdfincome tax slab for 2013-14examples of taxable incomehow to prepare p&l and balance sheet from trial balancetds deduction rules contractormeaning of cartagedebit memo journal entryaccounting consignmentaccrued expenses and outstanding expensesaccounting memosledger book sampleesic slabincome tax slab rate ay 2013 14giver rulestally voucher entryhow to find errors in trial balanceincome tax calculator assessment year 2014 15proprietorship firmexempted incomescomputation of income from let out house propertyaccounting ledger examplescredit note definition accountingtds on incomeaccrued meaning in telugumeaning of staff in hindidebit side of trial balancedifference between freight and cartagejournal voucher in accountingexample of a contra accountmanufacturing account in tallyvoucher samplesassessment year 2012 13 tax slabadvantages of interim auditcartage feeexamples of journal entries with narrationincome tax slab for financial year 2013-14profit and loss pro formameaning of interim audittds exemption certificate for trusttax slab for 2013-14income from house property formatrules for debit and credit in accountingreserves investopediadelivery challan formatvouchers in tallymeaning of surplus in hindiwhen tds is deductedtax salary calculator indiadefine creditor in accountingcontra entry accounting definitionbank recon statementdifferent types of vouchers in accountinghorizontal balance sheet format in exceldefine sundrieswww incometax epaymentmiscellaneous expenses definitionlist of indirect expenses in accountinghow to calculate vat tax in indiabank reconciliations examplespayment voucher definitionshareholders fund in balance sheetstaff welfare expenses meaningsundry creditors definition