Thanku for giving me this opportunity.

I am Suresh and have done my B.com from Mumbai University.

My strength is I'm attentive and weakness is I try to complete things at earliest.

Qualities related work are attentive, data management, focus on key areas.

Credit sales

Buyer Dr.

To Sales Cr.

Cash sales

Cash Dr.

To Sales Cr.

Cash Discount Sales

Cash Dr. 90

Discount Dr. 10

To Sales. 100

Purchase entry

Purchase Dr

To Creditor Cr.

Accounting concepts

l Business entity concept

l Money measurement concept

l Going concern concept

l Accounting period concept

l Accounting cost concept

l Duality aspect concept

l Realisation concept

l Accrual concept

l Matching concept

Accounting Standards

An accounting standard is a common set of principles, standards, and procedures that define the basis of financial accounting policies and practices.