What is Purchase, Sales and Profit?

Different Types of Purchase

What are Credit and Cash Purchase

What is Purchase and Purchase Return

What are Direct and Indirect Expenses

What are Direct and Indirect Income?

What is Opening and Closing Stock?

What are Assets and Liabilities in Balance Sheet

What are Internal and External Liabilities

Different Types of Discounts - Purchase and Sales

What are Sundry Debtors?

What are Sundry Creditors?

What Is Bill of Exchange-Bill Payable/Receivable You are here

What are Trade Receivables?

What are Trade Payables?

Different Types of Assets-Current, Non Current and Fixed

Different Types of Liabilities-Current and Non Current

What are Outstanding Expense

What are Prepaid Expense?

What is Depreciation on Fixed Assets?

What are Bad Debts, Solvent and Insolvent?

What are Capital Receipts and Revenue Receipts?

What is Capital Expenditure and Revenue Expenditure?

What is Business Transaction?

What is Entity-Business and Non Business Entity?

Accounting Procedure Terms