Knowledge in Defination of Accountancy

FUNDAMENTALS OF FINANCIAL ACCOUNTING

This file contains the topic about Financial Accounting. To run a business you need data, records, reports, analysis, accurate information about assets, debts, liabilities, profits; and that is why Accounting is Importance for any business activities. The accounting information is very important for the management or the decision making the body of an organization.This was prepared by experts.

Admission of new partner

The admission of new partner, calculation of sacrificing ratio and various entries related to admission of new partner as per CBSE criteria.