Captial A/c , Drawings a/c , Fixed assets purchasing and so on. According to the double entry system each transaction have two side debit and credit. there are some transaction satisfied with balance ...
Fiscal Year means the financial year .In india it is April to march. In singapore it is July to june. In hongkong it is Jan to dec. Normal year is nothing but english calendar year jan to dec. If the ...
Cashbook is written by depositor and pass book is prepared by bank which mention credit and debit amount by depositor.
shehzad ahmed
Mar 5th, 2015
Cash Book is Maintain in the office which is contains all the transaction in cash or with the bank.
pass book is allow by the banks to his acounts holder and Its entered by the bank for Its account holder Which are cash or cheque etc.
Accounts Receivable is that part of sales made on credit. Credit sales facilitate sales because as it gives buyers, especially new businesses or firms with temporary liquidity crunch, time to obtain g...