I thank,
i) Firstly, Prof. Dipak Kr. Shukla for being my Faculty Guide for this Summer Internship Program as well as for guiding & motivating me for this project. He encouraged me all the time in internship...
Journals
In accounting, a first recording of financial transactions as
they occur in time, so that they can then be used for future reconciling and
transfer to other official accounting records such as the general ledger....
Definition:
The equation that is the foundation of double entry
accounting. The accounting equation displays that all assets are either
financed by borrowing money or paying with the money of the company's
shareholders. Thus, the accounting equation is: Assets = Liabilities +
Shareholder Equity. The balance sheet is a complex display of this equation,
showing...
List of Indian
Accounting Standards(Currently Applicable)
The following are
the mandatory Accounting Standards (AS) as on July 1, 2012 as listed on the
site of The Institute of Chartered Accountants of
India (ICAI)
AS 1
Disclosure of Accounting Policies: It is a method of applying those
principles by the enterprises in the presentation...