Describe the different systems of book-keeping and system of accounting

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Elective: Financial and Accounting Management (Part -1)


1.      Explain the relationship of accounting with other disciplines.
2.      Describe the different systems of book-keeping and system of accounting.
3.      Explain the rules of debit and credit applicable to different types of business transactions.
4.      Describe the meaning and the objects of preparing a trial balance.
5.      Explain the importance of identifying income or expenditure as capital or revenue.
6.      Explain the meaning of accounting principles.


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