Recording of Transactions – II 1. Cash Book A Cash Book is a financial journal that contains all cash receipts and payments, including bank deposits and withdrawals. It serves as…
Recording of Transactions – I 1. Introduction to Recording of Transactions Recording of transactions is the fundamental process in accounting where all financial transactions are systematically documented. Ensures accuracy, completeness,…
Chapter 2: Theory Base of Accounting - Index Terms Explained GAAP (Generally Accepted Accounting Principles): Defined set of rules and procedures for creating consistent financial statements. Developed by the Financial…
Introduction to Accounting What is Accounting? The American Institute of Certified Public Accountants(AICPA) defines Accounting as the art of recording, classifying, and summarizing the transactions and events that are in monetary…
Bookkeeping and accounting are crucial for the financial management of a business, but they have distinct roles and functions. Here is an in-depth comparison of the two: Bookkeeping Definition:Bookkeeping is…
Introduction to GST in India In 2000, Indian Prime Minister Atal Bihari Vajpayee formed a committee to draft the Goods and Services Tax (GST) Bill, aiming to create a unified…
IS 1200: Part I - Earthwork IS 1200 Part I deals with the methods of measurement of earthwork in civil engineering projects. Below is a detailed summary of this part,…
Estimation Engineer Job Description, Salary, Interview Questions, and Summary 1. Job Description An Estimation Engineer plays a critical role in planning and costing construction or engineering projects. They are responsible…
Creating a WordPress account and building a free website is straightforward. Here’s a step-by-step guide: 1. Create a WordPress Account Using WordPress.com Go to WordPress.com: Visit WordPress.com. Click "Start Your…
Preparing for a structural engineering interview involves a mix of technical and soft skills questions. Here’s a comprehensive list of interview questions along with model answers: Technical Questions 1. What…