DAY 2 Prepare Accounting and Finance for Banking
Trial Balance & Ledger
Stage Within an Accounting Cycle.
Identify a transaction
Prepare voucher for evidence
Record a journal entry
--Prepare...
Cash Book
Cash book is a record of all the transactions related to cash. Examples include: expenses paid in cash, revenue collected in cash, payments...
What is Profit and Loss Appropriation Account?
In case of a sole proprietorship, there is a single owner and any addition in the capital in form of...
What is Difference Between Reserves and Provisions
Reserves and provisions are somewhat alike but are created for different reasons and under distinct circumstances. Both are...
Accounting and Finance for Banking Study Notes
Types of Account: An accountant records a transaction in his book of accounts, first he must understand which...
How to Calculate PVIF and PVIFA
Calculate PVIF- Present Value of Interest Factor & PVIFA- Present Value of Interest Factor of Annuity using Simple Calculator....