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Asked on 31 Jul Tuition/Class XI-XII Tuition (PUC)/Accountancy Tuition/Class XI-XII Tuition (PUC)/Accountancy

Which chapter is high scoring in accountancy class 12 std and how much time minimum need to finish for full marks

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Lesson Posted on 28 Jun Tuition/Class XI-XII Tuition (PUC) Tuition/Class XI-XII Tuition (PUC)/Accountancy Tuition/Class XI-XII Tuition (PUC)/Accounts

Introduction To Accounting: Part 20: Summary Of Accounting Concepts

Nishant K.

I'm an experienced, qualified teacher and tutor with over 5 years of experience in teaching Accountancy...

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Lesson Posted on 28 Jun Tuition/Class XI-XII Tuition (PUC) Tuition/Class XI-XII Tuition (PUC)/Accountancy Tuition/Class XI-XII Tuition (PUC)/Accounts

Introduction To Accounting: Part 19: Verifiable Objective Concept

Nishant K.

I'm an experienced, qualified teacher and tutor with over 5 years of experience in teaching Accountancy...

The Verifiable Objective Concept holds that accounting should be free from personal bias. Measurements...

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Lesson Posted on 28 Jun Tuition/Class XI-XII Tuition (PUC) Tuition/Class XI-XII Tuition (PUC)/Accountancy Tuition/Class XI-XII Tuition (PUC)/Accounts

Introduction To Accounting: Part 18: Revenue Recognition Concept Or Realisation Concept

Nishant K.

I'm an experienced, qualified teacher and tutor with over 5 years of experience in teaching Accountancy...

According to the Revenue Recognition Concept, revenue is considered to have been realised when a transaction...

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Lesson Posted on 28 Jun Tuition/Class XI-XII Tuition (PUC) Tuition/Class XI-XII Tuition (PUC)/Accountancy Tuition/Class XI-XII Tuition (PUC)/Accounts

Introduction To Accounting: Part 17: Dual Aspect Concept

Nishant K.

I'm an experienced, qualified teacher and tutor with over 5 years of experience in teaching Accountancy...

There are always two aspects of a Business Transaction. Examples: Purchase of Machinery for Rs 50,000....

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Lesson Posted on 28 Jun Tuition/Class XI-XII Tuition (PUC) Tuition/Class XI-XII Tuition (PUC)/Accountancy Tuition/Class XI-XII Tuition (PUC)/Accounts

Introduction To Accounting: Part 16: Matching Concept

Nishant K.

I'm an experienced, qualified teacher and tutor with over 5 years of experience in teaching Accountancy...

Let’s start with an example to understand this concept. Here it is: Suppose I buy 10 Books...

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Lesson Posted on 28 Jun Tuition/Class XI-XII Tuition (PUC) Tuition/Class XI-XII Tuition (PUC)/Accountancy Tuition/Class XI-XII Tuition (PUC)/Accounts

Introduction To Accounting: Part 15: Cost Concept Or Historical Cost Concept

Nishant K.

I'm an experienced, qualified teacher and tutor with over 5 years of experience in teaching Accountancy...

According to the Cost Concept, an asset is recorded in the books of account at the price paid to acquire...

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Lesson Posted on 28 Jun Tuition/Class XI-XII Tuition (PUC) Tuition/Class XI-XII Tuition (PUC)/Accountancy Tuition/Class XI-XII Tuition (PUC)/Accounts

Introduction To Accounting: Part 14: Accounting Period Concept

Nishant K.

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A while ago, we studied Financial Statements. The definition of Financial Statements is reproduced here:...

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Lesson Posted on 28 Jun Tuition/Class XI-XII Tuition (PUC) Tuition/Class XI-XII Tuition (PUC)/Accountancy Tuition/Class XI-XII Tuition (PUC)/Accounts

Introduction To Accounting: Part 12: Business Entity Concept Or Separate Entity Concept

Nishant K.

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Suppose you open a book store, so, in common parlance, it would be said that the business is being carried...

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Lesson Posted on 28 Jun Tuition/Class XI-XII Tuition (PUC) Tuition/Class XI-XII Tuition (PUC)/Accountancy

Introduction To Accounting: Part 11: Accrual Concept

Nishant K.

I'm an experienced, qualified teacher and tutor with over 5 years of experience in teaching Accountancy...

According to the Accrual Assumption, a transaction is recorded in the books of account at the time when...

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