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Accounting & Bookkeeping

Accounting & Bookkeeping

Accounts Payable
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When a business purchases on credit and that needs to be repaid over a limited period of time, it is known as Payable Accounts. It is termed as a liability and falls under the heading of' current liabilities.' Accounts Payable is a short-term transfer of

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Accounts Receivable
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The receivable accounts refer to the outstanding invoices which a company has or the money which the consumers owe to the company for the services or products sold. Many companies are trying to increase their profits by allowing some percentage of overall

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General Accounting
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Accounting is a draconian subject and includes various sub-sets under its ambit. like financial accounting, management accounting, general accounting etc. These categories represent a specific type of activity and underlying applicable standards defining

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