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.