Bookkeeping
Jennifer edwards Maintaining the record of financial transactions and financial day to day business activities is called bookkeeping. The basic purpose of bookkeeping is to maintain the financial records of a business…
Ledger
Sana Ahmed Ledger: Learning Objectives: Define and explain the term ledger. What are the main advantages of ledger? What is the difference between ledger and journal? Explain the method of posting. What…
Advantages of Ledger
Sidra Farid Advantages of Ledger Learning Objectives: What are the main advantages of ledger? The following are the advantages derived from ledger: It is the ledger through which successful application of double…
Definition and Explanation of Cash Book
Rubab Ali Definition and Explanation of Cash Book: Learning Objectives: Define and explain cash book. How a cash book is balanced. Prepare a format of the simple cash book. Cash book is…
Definition and Explanation of Ledger
Definition and Explanation of Ledger: Learning Objectives: Define and explain the term "ledger" What are the features or characteristics of ledger? When all the transactions of a given period have…
Definition and Explanation of Accounting
Definition and Explanation of Accounting: Learning Objectives: Define and explain accounting. What are the main functions of accounting? Accounting is defined as "the art of recording, classifying and summarizing in…