Posts

Showing posts from July 6, 2020

πŸ’Ž RECORDING CHANGES IN FINANCIAL POSITION [PART : 2] πŸ’Ž

Image
ALL ABOUT ACCOUNTING : 39th BLOG        πŸ’Ž πŸ’Ž ACCOUNTINGπŸ’ŽπŸ’Ž ★ Accounting exercise and practices :   Lesson : 3 [Part : 2] Hi friends  πŸ™ Today's discuss remaining part of recording changes in financial position.....                                       So let's discuss .... ♤ RECORDING CHANGES IN FINANCIAL POSITION : * Indicates, with a check mark ☑️ how the following would be recorded : Transactions   Debit   Credit Increase in cash         ☑️   Income           ☑️ Decrease in cash            ☑️ Expenses incurred        ☑️   * Ge neral format of journal vouchers: Doc.no. :                Date :                           Discr...