Bank Reconciliation
On a particular date, reconciliation of our bank balance with the balance…
Key Features of Subsidiary Books
There is a difference between a purchase book and a purchase ledger.…
Bills Receivables Book
Bills are raised by creditors to debtors. The debtors accept them and…
Petty Cash Book
In any organization, there may be many petty transactions incurring for which…
Objectives and Scope of Accounting
Let us go through the main objectives of Accounting: ● To keep systematic…


