Accounting
Accounting is defined as the art of recording transactions of a particular business. Accounting helps the owner of the business to summarize huge transactions in summarize & compact form. Accounting is main function of any business which is handled by the book keeper or big companies hire accountant for it.
Accounting For Consignment / Consignment Accounts Rules Learning Objectives: Define and explain the terms consignment, consignor and consignee. What is the difference between consignment and sale? Make journal entries in the books of consignor and that of consignee. Prepare consignment account and consignee’s account
Bookkeeping Versus Accounting: Learning Objectives: What is the difference between bookkeeping and accounting? There is some confusion over the difference between bookkeeping and accounting. This is due to the fact that two are related and there is no universal accepted line of demarcation between
