Nar Bahadur Chaudhary

Debiting or crediting each and every individual account for every single transaction is very time-consuming as well as an erroneous method. These hur…

According to the basic laws of accounting, whenever any transaction takes place, an account is either debited or credited. The principle of book-keep…

There are two systems for recording transactions-double and single entry. The double entry system was involved by "Lucas Pacioli" of Italy …

B ook-keeping (also termed) is defined as the art of keeping accounts in a regular and systematic manner. By looking at the books you can not only co…