Confirm the statement “Balance sheet is mirror of the overall financial position of the organization”.
1K
Economic
What is balance sheet? Why it is prepared. Describe in details the difficulties that arise while preparing balance sheet.
1K
Economic
Explain about the headings that are included under profit and loss account?
2K
Economic
Differentiate clearly between cash flow statement and fund flow statement?
2K
Economic
Explain the cause for differences between passbook and cash book? Suggest measures to solve it and also discuss the differences between passbook and cash book?
1K
Economic
What is bank reconciliation? Clearly mention about the reasons and methods of preparing bank reconciliation statement in bank?
1K
Economic
Discuss the differences between single entry system and double entry system?
2K
Economic
What is double entry system? What are its features, advantage, and importance? Also discuss the differences between single and double entry system?
2K
Economic
What is bookkeeping? What are the importance and advantage of preparing bookkeeping? Explain.
