Accounting is the process of recording and summarising financial information in a useful way. It is the process of systematically recording, measuring, and communicating information about financial transactions. In this app, you will able to learn Accounting Basics. Everything organised by chapter, so that you can find what you are looking for easily. If you are looking for a pocket reference about Accounting, Basic Accounting app is here for you.
Basic Accounting application contains the basic learning of accounting, this can help you for better accounting knowledge in your daily life, at work or your business.
The app is a complete free Basics Accounting Concepts and Terms which covers important topics, notes, materials & news on the course. Download the App as a reference material & digital book for Computer science, software management Accounting programs & MBA degree courses.
Features of Basic Accounting :-
✿ Accounting Basics informations.
✿ Accounting & Financial Formula.
✿ Accounting & Financial Terms and Abbreviation.
✿ Accounts and Accountancy
✿ Important Accounting Terms
✿ Debt and Credit
✿ Transaction
✿ Classification of Accounts
✿ Assets Liability Income Expenses
✿ Golden rule of Accounts
✿ Journal
✿ Some Example of Journal
✿ Ledger
✿ Posting in Ledger
✿ Ledger Balancing
✿ Cash Book
✿ Types of Cash Book
✿ Single Column Cash Book
✿ Double Column Cash Book
✿ Triple Column Cash Book
✿ Inventory
✿ First In First Out(FIFO) Method
✿ Last In First Out(LIFO) Method
✿ Weighted Method.
✿ Specific Method.
✿ Bank Reconciliation Statement(BRS)
✿ Example of BRS.
✿ Bill of Exchange.
✿ Journal Entries for Bill.
✿ Some More Examples.
✿ Trial_Balance.
✿ Preparation of Trial Balance.
✿ Some More Examples.
✿ Depreciation.
✿ Method of Depreciation.
✿ Straight Line Depreciation.
✿ Written Down Value Depreciation.
✿ Provision for Depreciation.
✿ Amortization.
✿ Bad Debt.
✿ Journal Entry for Bad Debt.
✿ Provision for Bad Debt.
✿ Final Accounts.
✿ Journal Entry for Final Accounts.
✿ Final Accounts for Trader.
✿ Final Accounts Preparation for Trader.
✿ Manufacturing Accounts.
✿ Final Accounts for Manufacturer.
✿ Treatment of Abnormal Loss.
✿ Outstanding Prepaid.
✿ Offline App.
✿ Easy to use.
✿ Very Simple and efficient User Interface.
✿ Quick reference.
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