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Accounting courses in chandigarh (4)

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Accounting courses in chandigarh is provided by CBitss Technologies at sector 34A . We provide this course for those who want to make their career in Accounting field . For more information contact-us : 9914641983 – PowerPoint PPT presentation

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Title: Accounting courses in chandigarh (4)


1
Accounting Courses in Chandigarh
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What are the five major types of accounts?
  • What you might have figured out is that there are
    5 main types of accounts used in accounting
  • Asset.
  • Liability.
  • Equity.
  • Revenue.
  • Expense.

3
What are the 3 types of bank accounts?
  • The Core Basic Bank Account Types
  • Checking Accounts (and the variations)
  • Dividend/Interest Checking Accounts
  • Savings Accounts
  • A Money Market Account
  • CD (or Marketed Linked CD MLCD)
  • IRA Accounts (Individual Retirement Accounts)
  • A Deposit Account
  • A Transactional Account.

4
What is the principle of accounting?
  • What is principles of accounting? ... In this
    context, principles of accounting refers to the
    broad underlying concepts which guide accountants
    when preparing financial statements. Principles
    of accounting can also mean generally accepted
    accounting principles (GAAP).

5
What are the different classes of accounts?
  • class of accounts. Five major categories in which
    accounts are divided (1) Assets, (2)
    Liabilities, (3) Net assets, (4) Revenue, and (5)
    Expenditure. These accounts are generally further
    divided into groups and sub-groups within each
    class. See also chart of accounts.

6
What is personal real and nominal account?
  • The accounts relating to all assets and
    properties are called real accounts. Personal
    Account The accounts relating to individuals,
    firms, associations or companies are known as
    personal account. Nominal Account The accounts
    relating to expenses, losses, incomes and gains
    are known as nominal accounts

7
Accounting Courses in Chandigarh
CBitss Technologies
  • 09988741983,0172-5031983
  • counselor.cbitss_at_gmail.com

Website http//cbitss.co.in/accounting-courses-i
n-chandigarh.html
8
CBitss Technologies
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