Accounting courses in Chandigarh
                     




Accounting courses in 
Chandigarh


Accounting or accountancy is the measurement, processing, and 
communication of financial information about economic entities such as 
businesses and corporations.


fundamental concepts of accounting?

Basic Accounting Principles. The Conceptual Framework of 
Accounting mentions the underlying assumption of going 
concern. In addition, the concepts of accrual, accounting entity, 
monetary unit, and time period are also important in preparing 
and interpreting financial statements.


golden rules of 
accounting?

Debit The Receiver, Credit The Giver - This 
principle is used in the case of personal 
accounts. ... Debit All Expenses And Losses, 
Credit All

 Incomes And Gains - This rule is applied 
when the account in question is a nominal 
account.


Types in Accounting?


rules for debit and credit?

In financial accounting - Debit indicates the left side of a ledger account and 
“Cr” (Credit) indicates the right. 

The rule that total debits equal total credits applies when all accounts are 
totaled. An increase (+) to an asset account is a debit.


CBitss Technologies

Address: SCO: 24-25, Piccadilly Road, Sub. City Center, Sector 34A, 
Sector 23, Chandigarh, 160022

Call us now: 9988741983

Website- http://cbitss.net


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