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Accounting Definition

Double-entry Bookkeeping

Stakeholders of a business

Branches of Accounting

Financial Transactions

Ledgers

Books of Prime entry (Why they are needed?)

Three Column Cash Book

The Journal

Trade Discounts

Cash Discounts

Balancing Accounts

Types of Accounts

Year End Transfers (Nominal Accounts)

Year End Adjustments

Division of Ledger (Why it is needed?)

Trial Balance

Benefits & Limitations of Trial balance

Types of Errors

Suspense Account

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