Friday, August 23, 2013

Accounts Assistant


About the Job

A great opportunity for an Assistant Accountant/​Purchase Ledger Clerk to support a growing business in the centre of Bath.​
Working in fantastic surroundings the successful candidate will need experience dealing with purchase ledgers and credit control and be able to offer general accounting assistance as and when required.​

Thursday, August 22, 2013

Account



A summarized record of transactions relating to a particular person or thing is called an account.
Purchase A/c. Sale A/c. Machinery A/c

Wednesday, August 21, 2013

Branches of Accounting



Financial Accounting

Cost Accounting

Managerial Accounting

Tax Accounting

Governmental Accounting

User of Accounting



Owner
Management
Employees
Investor
Creditors

Difference between Book Keeping and Accounting



Book Keeping
Accounting
1. It is only recording phase of accounting work

2. It does not required special skill
3. It does not required special education or knowledge
1. It is recording and summarizing phase of accounting work
2. It required special skill

3. It required special education or Knowledge

Book Keeping



An art of recording business transactions in the book of accounts is called Book Keeping.

Income / Revenue



Earning of the business in the accounting period is called income /Revenue of the business.

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