Basic Accounting

Basic Accounting help Accounting Students to learn and understand Accounting.

Basic Accounting is an application that gives user an information about the very basics of accounting.

The Application contains

-Accounting,

-Basis of Accounting,

-Types of Accounting,

-Balance Sheet,

-Double Entry Accounting,

-Profit and Loss Account,

-Ledger Account,

-Trial balance,

-Reporting period,

-Bank Reconciliation,

-Debit and credit,

-Assets and Liabilities,

-Payroll Accounting,

-Financial Statements,

-Petty Cash Book,

-Accruals,

-Book Keeping,

-Income Statements,

-Cash Flow,

-Accounting Pronouncement,

-Standard Costing

Some basic accounting and financial formulas that could help users to understand their business better.

-Short Term Solvency or Liquidity Ratios,

-Long Term Solvency or Financial Leverage Ratios,

-Turnover Ratios,

-Profitability Ratios,

-Market value Ratios

The Application also help user to learn and understand some of the Accounting Principles.