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    Accountancy notes

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    11 views19 pages

    Accountancy Notes

    Uploaded by

    nk3385257

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    of 19
    ecouptenag. ae a deco inbing is Lhe a by sorb 1 ireasuriing ‘pedis permet, informal judgement and ducistou by ears Of Lee infovmabon., — American ecountng Arseciaton. € mmunttaking Cconomic Chocacterisbea 0) account’ a oLdedfiig finan al Gracin © Htasurtng tor Ldonbifiecl tansochor © Record ° Ch fg © Lamnidy © Broly € tevprebation e Corman, Account ews ISOC Corwartang 2 Bane LF , | nv vy. “Bralysh ether redbon > 2 Liles book | GT 4+ Porchase vet booke TT S+Goles retsbook © Sumarising G- Gills paycbl book ° thal lends 7 bit book | © Trading ¢ Pat afe * Ranthure boot | ° lalond chat. q Shhionery book | — losing lain te leer)” eee “Kako Prelate, C)Garert Patio (121). 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Popetor bast fabio + lope fd _ Tohl enternal (lab: ) Co fatto Conk Cortevt Ards Ge) Neb rcorte Pcs 2 ‘Nd Jol _ Shareholder fone a Objeckives 4 aaceountteg “ ) Peeorel ranctad nee Levenk. & Determine re andl Cogs. ) Determine fot position Wy) Ausishn Iranagerment ¥ Comma account informahion ch sans, 0) ay oatness ude. Rineltons of accounting 5 nln dystemabe ft acovebig ducorcl « it) Pry ro "fond Shkerment, % is fie udvement iy nmi tae finantkad fnformabion V) Absitunce to rratrag erent eet Y Accounting ds no i enack 2 Accourtir lacs not indicat gia setalisable volue.. ©) Acountihg ier ths Qualhtive elements 0 “Accundnd hone tos ¢ cs o| pre ll change. V) Atcountin ja chad to ea ht haces weil edn} Ceelest) oe i tl a tye “em cafe ae Gover «th Guthoviken © Researcher « Book Keeping —% dt is we fart 6} Accounting, bein 4 hrace of Suording faanccel tramachon Cvevils fn te b K of wa ¢ 4 Men fi focal tronchion eve 2) Mactan Ahem Sn term of mo he a fii) he is Werkifieel francial transachion & PAR Wie i sucords I Gee ovubs tn the boot of a/: t Feeping ws the ant of cas fs trnsachOn tn Ayskimabic manrery PN fosen Kamp ff. Concept of dicounbing = 2 tofn cron obapiow © Consisten aunsun pow © Acerual Account wmphion a fret ples © Business ently prtrcipea — (Doone beans t wepoale fom tach ohur) cS peal hrvoautrement concep ~ Cn Runt ae mecaures the things 2 loa money © Aceonbing heviocd concep — Cos broken tot dife tuto Smaller p fock ) SRM debtosnre Le — Completi 4 ewdircbortable spon fing of hrorcal inkrost) Dual aapect— Ctvs aeconhiy han davble orby be Detey) : © Gost Concept — Citta amet rount be shown at th cost prt) © Prudence or Consrvabive win ciple — ( male prow fr Bad ctebh ). Rlaleilty principle — Cdn tha i Aurel nl byok of oo ts ba 5 talevial‘hy ) concept ov Matching privciple — C- pore cou “idl , Pema Dy Sat priod ta clef Covet proftt (ov ln) for Oe aczcunting -furiod. ) : Treks © Matcha (hts eomeept it bach tv x qualerly, bel yerly br caonrually ae) pa 3 duuguirernends fling Beeps ane taken lh peepee wel balones) © Prcerfattr tue balones of eocr actount 2n the Ldger. © List cack account ancl place oh balonte fn tle Abe Or credbst coluwn y vos tee Com Imi be © Compude the volt Abbe talone Colum. © Compute Abe ‘toa vol Abs credit baton Column © Veit, that te dum wd] tw abbit € ered balance are equal, of thay co not fully ct Booltah, that “here aoe 40m erro. TO cacerhabn aloe corttrmereal deeerocy 4 Te Adger accout . © To help in docaking errors. 9 help Sn cn Pepe so] tm frontal Saknad. (PeLof 4 bobreeshaf ) Clontheabion Of errors 4 0 Evror wo) ommindon Ccaumd lus ty v0¥0r aes of 4. tomes, vm “me ceoling novang baloney, th.) ofrrr ef Onision Ceemd dan Lo Ominiow bf eutordl a ftores eottdy a arn Iu book af acount) 4 ° Ewer imciple (dus to aww danifeahion afaa'ph and pare bho lena decd a rauipts 4 davon ancl eqpthal experdn) ° Comperseing errs ¢ $00 Ov moye ores Committed dn such a wy thd 7 Fhe Heck ef ead they Gr tha debit (rele) ees: le we SF sal tor dang te oppo. 6] sits matt alu do the faveskeation of cine 6 bey bf las Or fecrtguy anid Be ConrachOn tth Hoe cleteckion. of evn foes accounting —} ¥, 0 ° ror . : 2 Prrewsie accounting in Aes

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