Goods Goods are the products in which the firm is dealing or producing for sale purposes. Purchases The term 'Purchases' is used for the purchase of goods. In trading concerns, goods are purchased for resale…
Day: July 9, 2022
Introduction to Accounting (With PDF & Video Lecture)…
Definition "Accounting is the art of recording, classifying, and summarising in a significant manner and in terms of money; transactions and events which are, in part at least, of a financial character, and interpreting the…