There are three types of accounts: 1. Personal account 2. Real account 3. Nominal accountR 1. Rule for personal account - "debit the receiver and credit the giver." 2. Rule for real account is- "debit...
Dear Students, Final Accounts question is a very scoring question in the accountancy Paper and is also a compulsory question for most of the boards. So here is the list of simple steps to be follwed...
Tips for scoring good marks in accounts:1. Always be attentive during the sessions2. Raise your doubts to clarify it immediately ao that it does not become your permanent doubt.3. Practice hard because...
Dear Students, Identification of Revenue and Capital natured expenditure is essential for us. It is the base for many of the chapters in your Accountancy Syllabus. Let us understand these terms with several...