TS Grewal Double Entry Book Keeping Class 12 Solutions 2019 Volume 1
Our Class 12 Accountancy TS Grewal Chapter wise Textbook Solutions are easy to understand for preparation and revision. There is good chances of coming these Accountancy Class 12 TS Grewal solutions on CBSE Final exam question papers. So students can go through this solutions to get good marks in examinations. These textbook solutions very helpful for the students in their exams and daily homework. The solutions included are simplified and clear solutions to complex problems.
Accounting is the mechanism used to record activities and transactions that occur within a business.. In its simplest terms, Accounting is the "language of business." However, in order to have an understandable record, a standard set of rules for accounting within the U.S. has been established. These rules are called the Generally Accepted Accounting Principles (G.A.A.P), and all U.S. businesses are expected to follow them.
The first general rule of accounting is that every transaction is recorded. It has been said that businesses that do not record transactions, or incorrectly record transactions, are committing fraud, although this is not necessarily the case. Fraud is part of a much broader area called material misstatement which also can include error. An error is not necessarily fraud under the law. While there are exceptions to this rule, the guidance for applying those exceptions is specifically defined by G.A.A.P, and is applicable to all businesses.
CHAPTERS
CHAPTER 3: GOODWILL:NATURE AND VALUATION
CHAPTER 4: CHANGE IN PROFIT-SHARING RATIO AMONG THE EXISTING PARTNER.
CHAPTER 5 : ADMISSION OF A A PARTNER
The CBSE envisions a robust, vibrant and holistic school education that will engender excellence in every sphere of human endeavour.
No comments:
Post a Comment