OracleAppsToday

Introduction The accounting principles are accounting rules used to prepare, present, and report financial statements for a wide variety o...

Bills payable book is used to record bill accepted by us. When a bill drawn by our creditor is accepted particulars of the same are recorde...

This book is used to record the bills received from debtors. When a bill is received, details of it are recorded in the bills receivable boo...

Cash book is a book in which all transactions relating to cash receipts and cash payments are recorded. It starts with the cash or bank bal...

A book maintained to record transactions, which do not find place in special journals, is known as Journal Proper or Journal Residual. Fol...

Sales return book is used to record all returns of goods by the customers to the business. The entries in the sales return book are usually...

This book is used to record all returns of goods by the business to the suppliers. The entries in the Purchases Returns Book are usually mad...

The sales book is used to record all credit sales of goods dealt in business. Cash sales, cash and credit sales of assets are not entered in...

Purchases book also known as Bought Day Book is used to record all credit purchases of goods which are meant for resale in the business. Cas...

Businesses do not record a their transactions in one journal. The reason is that, journal can not give periodical data about some important ...