Accountancy Solution Point

NPO   Non Profit seeking organization is one type of charitable trust where group of people comes together to incorporate trust or organisat...

Cash Flow Statement Definition : Cash flow statement is a statement of cash inflow and cash outflow during a particular accounting period. C...

  Trial Balance: Trial balance is the schedule of ledger accounts balancing drawn at a particular point of time to check airthmetic  accruac...

Ledger:  Ledger is the principal books of accounts where all acconts are stored permanently. It is the King of all books of accounts. It hel...

  Methods of Accounting: 1. Cash Basis 2. Accrual Basis 1. Cash Basis: Cash Basis is a process wahere all  money received in cash only and a...

Class 11 Easy Way to learn Journal Entry. Read the whole notes you will get help in Preparation of Journal Entry. Topics Covered What is Jou...

There are various types of accounting: 1. Debtors : Person to whom goods sold on credit and from whom money is receivable is called debtors...

The rules to be followed for Golden Rules are: Personal A/c:         Debit the receiver of benefit.         Credit the giver of benefit. Rea...

Skip to content Classification of Accounts.   Classification Of Accounts Accounts are of three types namely.. 1. Personal Account 2. Real Ac...