Single Entry System – Meaning, Features, FREE Video Resource MEANING Single entry system is an incomplete form of account keeping. The term “single entry” refers to a method of maintaining the accounts which is convenient for businessman. In other words, it can be said that it is double entry system in an incomplete manner. FEATURES…
Why Bills Of Exchange? (Basic Concepts, Features) MEANING Section 5 of Negotiable Instruments Act 1881 defines the bills of exchange, “As an instrument in writing containing an unconditional order signed by the maker directing a certain person to pay a certain sum of money only to the order of the certain person or…
MARGINAL COSTING (IMPORTANT QUESTIONS) FOR BAF, BCOM STUDENTS || 2020 Marginal cost is an additional cost incurred on producing one additional product or service. Marginal costing is particularly important in business decision making process. Management’s production and cost and sales decisions can be easily affected from marginal costing. That is the reason, it is the part of…
10 REASONS WHY YOUR BALANCE SHEET DOESN’T GET TALLY If you are a commerce student you must be knowing that it’s always a pain when balance sheet doesn’t get tally. Most of students tend to score less marks because of this very reason. There may be varied reasons for not getting sums tally like not…
Dear BAF Students, In layman’s language, financial accounting is a branch of accounting which involves a process of recording, summarizing & reporting of number of transactions resulting from business operations over period of time. Before you start your preparing for your exams, it is very much imperative to refer past question papers. It helps you to know the type of…
Dear FYJC Commerce Students, Understand the concepts well before you start practicing subsidiary books sums. Kindly find the attached video file of the same. SUBSIDIARY BOOKS THEORY Share this video with all your friends & don’t forget to susbscribe to our channel.
Dear BAF Students, Kindly find the attached video file of cost accounting mumbai university paper solution 2017. In this video you can watch solutions for following topics How to Calculate Cost of a Product for a manufacturing company – Cost Sheet Reconciliation of Profit as per Cost Accounts and Profit as per Financial Accounts for…
Dear SYBAF Students, Make your concepts clear after watching videos of income from salary. Kindly find the attached files of income from salary where Prof. CA Sapan Parikh has explained Income from salary in easy way. We have uploaded videos of previous parts on our youtube channel. Links of the same will be given down…
Dear FYJC Students, Kindly find the attached video files of double column cash book explained by Prof. CA Sapan Parikh in most easy way. Hope you find the videos useful. If you have any doubts regarding the topic feel free to ask in the comments section box. Also, share these videos with them so even…
Dear BMS Students, You might have been formulating different strategies for exam but still one important strategy which gets unnoticed & not many students follow is referring past question papers. It’s not that this is the only strategy which will help to upscale your marks but one should not ignore it either. As, there are…