Prepaid expenses
Prepaid expenses- Prepaid expenses are a type of accounting asset that represents payments made for goods or services that a company will receive in the future. These expenses are initially…
Syllabus of Diploma in Hotel Management and Catering Technology
Closing stock
Closing stock- Closing stock refers to the value of goods or inventory that a business has on hand at the end of a specific accounting period, such as a fiscal…
Final Accounts(Trading profit and loss A/C and balance sheet) with adjustments
Final Accounts(Trading profit and loss A/C and balance sheet) with adjustments- Creating final accounts, including the Trading Profit and Loss Account and Balance Sheet, involves summarizing a company's financial transactions…
Double column cash book
Double column cash book- A double column cash book is a type of financial record used in accounting to track cash transactions for a business. It is called "double column"…
Single column
Single column- "Single column" is a term that can have different meanings depending on the context in which it is used. Here are a few possible interpretations: Data Table: In…
Cash book
Cash book- A cash book is a financial journal that records all cash transactions of a business entity in a systematic and chronological order. It is a fundamental accounting tool…
Trial balance
Trial balance- A trial balance is a financial statement that provides a snapshot of a company's financial position at a specific point in time, usually at the end of an…
Subsidarybooks
Subsidarybooks- Subsidiary books, also known as sub-ledgers, are specialized accounting journals used by businesses to record specific types of transactions. These subsidiary books are maintained separately from the general ledger…
Ledger
Ledger- A ledger is a fundamental accounting tool used to record and track financial transactions in a systematic and organized manner. It serves as a central repository of all financial…
Journal
Journal- Keeping a journal can be a great way to document your thoughts, experiences, and emotions. Here's a basic template you can use to start your journal entry: Date: [Enter…
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