CS Foundation

Partnership Accounts-Fundamentals – CS Foundation Fundamentals of Accounting Notes

Go through this Partnership Accounts-Fundamentals – CS Foundation Fundamentals of Accounting and Auditing Notes will help students in revising the entire subject quickly. Partnership Accounts-Fundamentals – CS Foundation Fundamentals of Accounting Notes Definition: 1. (As per Section – 4 of Indian Partnership Act 1932: “Partnership is the relationship between persons who have agreed to share …

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Preparation of Final Accounts for Sole Proprietorship – CS Foundation Fundamentals of Accounting Notes

Go through this Preparation of Final Accounts for Sole Proprietorship – CS Foundation Fundamentals of Accounting and Auditing Notes will help students in revising the entire subject quickly. Preparation of Final Accounts for Sole Proprietorship – CS Foundation Fundamentals of Accounting Notes Final Accounts: The final step of the process of accounting is the preparation …

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CS Foundation Fundamentals of Accounting and Auditing Notes | CS Foundation Auditing Notes MCQ Study Material

CS Foundation Auditing Notes | CS Foundation Fundamentals of Accounting and Auditing Notes MCQ Study Material CS Foundation Fundamentals of Accounting Notes Theoretical Framework Accounting Process-I Accounting Process-II Accounting Process-III Bank Reconciliation Statement Depreciation Accounting Preparation of Final Accounts for Sole Proprietorship Partnership Accounts-Fundamentals Partnership Accounts-Goodwill Partnership Accounts-Admission of a Partner Partnership Accounts-Retirement and Death …

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Bank Reconciliation Statement – CS Foundation Fundamentals of Accounting Notes

Go through this Bank Reconciliation Statement – CS Foundation Fundamentals of Accounting and Auditing Notes will help students in revising the entire subject quickly. Bank Reconciliation Statement – CS Foundation Fundamentals of Accounting Notes Introduction: Bank A/c is a personal A/c. An institution which deals with money is known as Bank. The main business of …

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Depreciation Accounting – CS Foundation Fundamentals of Accounting Notes

Go through this Depreciation Accounting – CS Foundation Fundamentals of Accounting and Auditing Notes will help students in revising the entire subject quickly. Depreciation Accounting – CS Foundation Fundamentals of Accounting Notes Depreciation: Depreciation means a fall in the value of asset due to usage, efflux of time or due to obsolescence. It is a …

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Accounting Process-III – CS Foundation Fundamentals of Accounting Notes

Go through this Accounting Process-III – CS Foundation Fundamentals of Accounting and Auditing Notes will help students in revising the entire subject quickly. Capital and Revenue Items: Expenditure – In accounting terms, expenditure means the amount spent or liability incurred for the value received. Nature of Expenditure: 1. It is important to ascertain the nature …

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Accounting Process-II – CS Foundation Fundamentals of Accounting Notes

Go through this Accounting Process-II – CS Foundation Fundamentals of Accounting and Auditing Notes will help students in revising the entire subject quickly. Accounting Process-II – CS Foundation Fundamentals of Accounting Notes Accounting Errors: Accounting Errors are the error committed by the persons responsible for recording and maintaining of a business in the course of …

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Accounting Process-I – CS Foundation Fundamentals of Accounting Notes

Go through this Accounting Process-I – CS Foundation Fundamentals of Accounting and Auditing Notes will help students in revising the entire subject quickly. Accounting Process-I – CS Foundation Fundamentals of Accounting Notes Accounting is the language of business – Accounting cycle/Accounting process: Recording – Journal: A journal is a book of original entry/prime entry wherein …

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Theoretical Framework – CS Foundation Fundamentals of Accounting Notes

Go through this Theoretical Framework – CS Foundation Fundamentals of Accounting and Auditing Notes will help students in revising the entire subject quickly. Theoretical Framework – CS Foundation Fundamentals of Accounting Notes Introduction: A description of proper Accounts is also found in “Arthashastra” written by Kautilya. Modern day accounting concept was originated by “Luca Pacioli” in …

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