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Tag: Accounting for Beginners

Purchase Book, Purchase Return & Debit Note Explained | Day 23 – 50 Days Accounting Challenge

Purchase Book, Purchase Return & Debit Note Explained Day 23 – 50 Days Accounting Challenge by CA Devesh Thakur https://www.youtube.com/playlist?list=PL1o9nc8dxF1QOAX4Ufa7-GYSPZHKj1dXM Accounting is the backbone of every business....

Types of Assets in Accounting: Current, Non-Current, Fixed, Intangible & Fictitious

Day 2 – Understanding Assets in Accounting | 50 Days Accounting Challenge Welcome back to the 50 Days Accounting Challenge by CA Devesh Thakur.In Day...

Detailed Journal Entries with Golden Rules & Modern Approach

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Rules of Debit and Credit: Traditional Approach vs Modern Approach

In accounting, the rules of debit and credit are fundamental concepts that guide how financial transactions are recorded. These rules differ under the Traditional...