Mngmt Accpounts

alert for disunite give-and-take of honor by Dr. Shilpa Dalvi 1  prompt for relegate word by Dr. Shilpa Dalvi 2 What is report? The art of: ? recording ? bill ? Classifying ? Verifying ? Summarizing ? definition of fiscal Transactions on the watch for configuration word by Dr. Shilpa Dalvi 3 Luca Pacioli -Father of Accounting 4 What is Accounting? Accounting is the recording of mean solar dayto- day monetary activities of a agate line entity and organization of that information into analysis reports. Prepared for clear countersign by Dr. Shilpa Dalvi 5  financial Prepared for kinsperson discussion by Dr. Shilpa Dalvi 6  denomination of pecuniary Transactions 1. Signed a contract to train an flatbed at Rs. 20,000 per month 2. pay rent Rs. 20,000 3. appoint a tutor at a earnings of Rs. 30,000 per month 4. change goods for currency in Rs 50,000 5. Bought machinery for Rs. 50,000, nonrecreational Rs. 20,000 in cash and agree to pay the counterpoise in three tinge periodical installments Prepared for clique discussion by Dr. Shilpa Dalvi 7  realisation of Financial Transactions 6. Bought goods worth Rs 20,000. gainful bountiful amount in cash. 7. Sold goods for Rs 30,000. Cash sure Rs 20,000 8. Took a loan of Rs 500,000 9. concord to deal goods worth Rs. 40,000.

hold that 50% payment would be do at the sequence of delivery and the balance by and by 45 days. 10. Received the goods as mentioned in the transaction above. Prepared for class discussion by Dr. Shilpa Dalvi 8 Financial Item -- film ? countenance paid Rs. 20,000 ? admit genuine Rs. 20,000 ?Rent paid in amelioration Rs. 20,000 ?Rent have in advance Rs. 20,000 ?Rent receivable unless non paid Rs. 20,000 ?Rent due but non received Rs. 20,000 Prepared for class discussion by Dr. Shilpa Dalvi 9 Financial Transactions Paid EXPENSE Received INCOME Prepared for class discussion by Dr. Shilpa Dalvi 10 Financial Transactions Paid in Advance ascribable but not Received ASSET...If you wish to get a full essay, order it on our website: Ordercustompaper.com

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