Showing posts with label Welcome to accounting. Show all posts
Showing posts with label Welcome to accounting. Show all posts

Wednesday, 25 January 2012

basics of accounting

Hello everybody,

This blog is especially designed to serve 
  • Freshers, who are ready to face the interview.
  • Anybody who would like to refresh accounting skills
  • Anyone who is interested to learn about basics of accounting.
I invite your valuable suggestions in improving this blog. You can also share with us your views and accounting experience with us.

Happy Accounting.


Contra entry example

Contra Entry :- If a transaction requires entries on both the debit and the credit sides simultaneously, it is called 'Contra entry...