Accounts from Incomplete Records

Accounting records, which aren't strictly kept consistent with the double-entry bookkeeping system are referred to as Accounts from incomplete records.… Read More

Admission of a Partner

Admission of a Partner means when a new partner could also be admitted when the firm needs additional capital or… Read More

Partnership Account

Partnership Account, As the business expands, one needs more capital and a bigger number of individuals to manage the business… Read More

Issue and Redemption of Debentures

issue and Redemption of debentures- A company raises its capital using an issue of shares. But the funds raised by… Read More

Documents to Formation of a Company

At the time of Incorporation of a company, the following documents of Formation of a Company have to be submitted… Read More

Formation of a company

A company is an artificial legal person i.e. it is a creation of law. It comes into existence when it… Read More

Types of Companies in Accounting

There are five types of companies in accounting and each one have different categories. Now we explain all separately as… Read More

Sourcing of Accounting Software

The sourcing of Accounting software is an integral part of the computerised accounting system. An important factor to be considered… Read More

Management and Accounting Information System

Management and Accounting Information system- In order to remain competitive, organisations depend heavily on Information Systems. Management Information System (MIS)… Read More

What is Computerised Accounting

What is Computerised Accounting- A computer is a device, which is capable of performing a spread of operations as directed… Read More