Difference between Bookkeeping,Accounting and Accountancy
Автор: Diwakar Rana Commerce Classes
Загружено: 2023-06-13
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Difference between Bookkeeping,Accounting and Accountancy
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This part is very helpful for class 11 accounts students . these methods are using for making journal entries
English Approach is also called DOUBLE ENTRY SYSTEM
1. PERSONAL A/C = Debit the receiver, Credit the giver
2. REAL A/C = Debit what comes in , Credit what goes out
3. NOMINAL A/C = Debit all expenses and losses, Credit all incomes and profits
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