About this app
► Financial accounting is the process of recording, summarizing and reporting the myriad of transactions resulting from business operations over a period of time. These transactions are summarized in the preparation of financial statements, including the balance sheet, income statement and cash flow statement, that encapsulate the company's operating performance over a specified period.✦【Topics Covered in this App are Listed Below】
⇢ Rectification of Errors
⇢ Capital and Revenue
⇢ Final Accounts
⇢ Provision and Reserves
⇢ Measurement of Business Income
⇢ Bills of Exchange and Promissory Notes
⇢ Inventory Valuation
⇢ Analysis of Changes in Income
⇢ Accounting for Consignment
⇢ Joint Venture
⇢ Non-Trading Accounts
⇢ Single Entry
⇢ Leasing
⇢ Investment Account
⇢ Insolvency Accounts
⇢ Stock Exchange Transactions
⇢ Accounts of Private Individuals
⇢ Co-Operative Societies
⇢ Insurance Claims
⇢ Government Accounting
⇢ Contract Account
⇢ Departmental Accounting
⇢ Voyage Accounting
⇢ Royalty Accounts
