Monday, October 26, 2009

Accounting elements Page 2

Renewal of a BUI
Difference between Dishonour and Renewal of a Bill
Insolvency of one Party
Retiring a Bill under Rebate
Accommodation Bills
Effect of Insolvency
Bills Receivable and Bills Payable Books
Promissory Note
SPECIAL JOURNALS 1
Subdivision of Journal
How the Transactions are Entered in Special Journals and Posted to the Ledger?
Documents for Sales and Purchases-The Invoice
Purchases Journal
Distinction between Purchases Journal and Purchases Account•fr Sales Journal (Book)
Purchases Returns or Returns Outward Journal
Rules for Posting the Purchases Returns Journal
Sales Returns Journal (Book)
CASH BOOK AND BANK
RECONCILIATION STATEMENT
Cash Book
Definition
Is Cash Book a Journal or a Ledger?
Distinction Between a Cash Book and a Cash Account•fr Types of Cash Book,
Opening an Account with a Bank, Accounting Treatment of Cheques
Dishonour of Cheques
Classification of Cash Book
Bank Reconciliation Statement
Distinction between Cash Book and Pass Book
What is Meant by 'Reconciliation'?

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