Tag: generally accepted accounting principles (gaap)

distinction between accounting and book-keeping

Tests knowledge of book-keeping concepts, the double-entry system, and the relationship between book-keeping and accounting including their meaning, scope, and objectives.

need and basic principles of accounting

basic accounting principles and concepts

meaning and purposes of accounting

Test your knowledge of the accounting cycle, including recording transactions, journalizing, posting to ledger, trial balance preparation, and financial statements. Covers basic accounting principles and concepts for Class IX students.

meaning, need and objectives of accounting

relationship among book-keeping, accounting and accountancy