Accounting

Accounting

What is DayBook

Journal or Daybook; Journal word is derived from the Latin-French word “Jour”. Jour means day and journal means daily. ...
Accounting

Carriage Inwards and Freight In

Transportation cost of goods from one place to another place is called freight in or Carriage inwards, which ...
Accounting

Accounting Equation

  It’s the fundamental tools of any business to check the final position of the business. It shows ...
Accounting

What is Bookkeeping

What is Bookkeeping and how we to do it. Bookkeeping is the first stage of Accountancy. It’s a ...
Accounting

What is Implicit Cost

The opportunity cost totally resembles the implicit cost. The opportunity cost is equal to what a firm give ...