Last minute notes

·            Identification of Transaction – Only those transaction should be recorder in the books that are in monitory form or are of financial nature this must comply with money measurement concept of accounting principle. •           Recording of Transaction - Accounting is the art of recording business transaction according to some specific rules. Business size (A) Small - transaction is not large in quantity so JOURNAL is prepared to enter the transaction. But (B) Big - when the transaction are large in quantity then journal are further subdivided in various subsidiary book. •           Posting to Ledgers - after recording in Journal or Various subsidiary book the transaction are classified. Classification is the process of grouping the transaction of one nature at one place, separate accounts are opened in the ledger book in...

  “ Early to bed early to rise Makes a person, healthy, wealthy and wise ” It’s very rightly said a person who gets up early is health wealthy and wise, let me explain a person who gets up early say 5am to that of a person who get up at 8am has about 3 hour extra in a day to spend which means a person who gets up early has more time to earn proper time to have meals and do some routine exercise to keep his body and mind healthy. So the main problem here is we all want to get up early but what to do our body says just 5 min and it becomes hour before we relies its now we have to get up or else we will be late. So I am here to discuss a way that makes me wake up early and this will help you to; There is an app on your phone related to alarm but we are not going to use this app instead we will download one from android store name AlarmMe that gives you option to set mathematical solution to close the alarm so you need to have such an app or similar sot of application...