Author: Arinjay Academy


Reserves Any amount set aside from the profits of a business is known as reserve. The amount so kept separate is retained in the business

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Provisions The books of accounts of an organisation are generally based on accrual basis of accounting, which is also known as the mercantile system of

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Disposal of Asset

Disposal of Asset Due to reasons like obsolescence or inefficiency or any other abnormal factor, a business organisation may dispose off an asset. The disposal

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Methods of Recording Depreciation

Methods of Recording Depreciation For recording depreciation on fixed assets there are two types of arrangements: Charging depreciation to the asset account or, Creating Provision

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Need for Depreciation

Every organisation carrying on a business, profession or any other operation faces the need to charge depreciation on its fixed asset to present a true

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Preparation of Trial Balance

The initial step while preparing the final accounts is the preparation of trial balance. So therefore it is absolutely necessary that we prepare the trial

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CBSE Class 10 Notes

CBSE Class 10 Hindi Vyakaran Notes The syllabus of CBSE Class 10 Hindi Grammar comprises of the following chapters. We have prepared various notes relevant

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CBSE Class 9 Notes

CBSE Class 9 Hindi Vyakaran Notes The syllabus of CBSE Hindi Grammar Class 9/ Hindi Vyakaran Class 9 comprises of the following chapters. We have

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