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Plus One Accountancy Notes Chapter 8 Financial Statements - I & Financial Statements - II

Feb. 17, 2024

Kerala Plus One Accountancy Notes Chapter 8 Financial Statements – I & IISummary: Financial Statements: Meaning and types Financial statements are the statements which present periodic reports on the process of business enterprises and the results ac…

Plus One Accountancy Notes Chapter 7 Bill of Exchange

Feb. 17, 2024

Kerala Plus One Accountancy Notes Chapter 7 Bill of ExchangeSummary: Bill of Exchange: A bill of exchange is an acknowledgment of debt given by one person to another, incorporating all the terms and conditions of payment.Features and advantages of a bil…

Plus One Accountancy Notes Chapter 6 Depreciation, Provisions and Reserves

Feb. 17, 2024

Kerala Plus One Accountancy Notes Chapter 6 Depreciation, Provisions and ReservesSummary: Meaning of depreciation: Depreciation is decline in the value of a tangible fixed asset. In accounting depreciation is the process of allocating depreciable cost ov…

Plus One Accountancy Notes Chapter 5 Trial Balance and Rectification of Errors

Feb. 17, 2024

Kerala Plus One Accountancy Notes Chapter 5 Trial Balance and Rectification of ErrorsSummary: Meaning of trial balance: A statement showing the abstract of the balance (debit/credit) of various accounts in the ledger.Objectives of trial balance: The main…

Plus One Accountancy Notes Chapter 4 Bank Reconciliation Statement

Feb. 17, 2024

Kerala Plus One Accountancy Notes Chapter 4 Bank Reconciliation StatementSummary Bank Reconciliation Satement A statement prepared to reconcile the bank balance as per cash book with the balance as per passbook or bank statement, by showing the items of …

Plus One Accountancy Notes Chapter 3 Recording of Transactions - I & Recording of Transactions - II

Feb. 17, 2024

Kerala Plus One Accountancy Notes Chapter 3 Recording of Transactions – I & IISummary: Meaning of source documents: Various business documents such as invoice, bills, cash memos, vouchers, which form the basis and evidence of a business transaction r…

Plus One Accountancy Notes Chapter 2 Theory Base of Accounting

Feb. 17, 2024

Kerala Plus One Accountancy Notes Chapter 2 Theory Base of AccountingSummary: Generally Accepted Accounting Principles (GAAP): GAAP refers to the rules or guidelines adopted for recording and reporting to business transactions in order to bring uniformit…

Plus One Accountancy Notes Chapter 1 Introduction to Accounting

Feb. 17, 2024

Kerala Plus One Accountancy Notes Chapter 1 Introduction to AccountingSummary Meaning of Accounting: Accounting is a process of identifying, measuring, recording the business transactions and communicating thereof the required information to the interest…

Plus One Business Studies Notes Chapter 12 International Business - II

Feb. 17, 2024

Kerala Plus One Business Studies Notes Chapter 12 International Business – IIContentsExport procedure – Export documentsImport procedure – Import documentsForeign Trade Promotion MeasuresInternational trade InstitutionsWorld Bank – IDA – IFC – MIGA – IM…

Plus One Business Studies Notes Chapter 11 International Business - I

Feb. 17, 2024

Kerala Plus One Business Studies Notes Chapter 11 International Business – IContentsMeaning – reasons for international business Differences between Foreign business and Domestic businessScope and Benefits of international businessModes of entry into in…