हिंदी

Basic Terms in Accounting

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Topics

  • Stakeholders in Commercial Organisations
    • Meaning of Stakeholders
    • Distinction Between Stakeholders and Shareholders
    • Distinction Between Stakeholders and Customers
    • Internal and External Stakeholders
    • Expectations of Stakeholders
    • Stakeholders Analysis
  • Marketing
  • Marketing and Sales
    • Concept of Marketing
    • Objectives of Marketing
    • Importance of Marketing
    • Comparison Between Marketing and Selling
    • Product and Service
    • Differences Between Products and Services
    • Pricing
    • Objectives of Pricing
  • Advertising and Sales Promotion
    • Meaning of Advertising
    • Objectives of Advertising
    • Importance and Merits of Advertising
    • Demerits of Advertising
    • Meaning of Advertising Agency
    • Functions of Advertising
    • Social Advertising Media
    • Concept of Sales Promotion
    • Role of Sales Promotion
    • Techniques of Sales Promotion
  • Consumer Protection
    • Concept of Consumer Protection
    • Importance of Consumer Protection
    • Consumer Exploitation
    • Types of Consumer Exploitation
    • Importance of Consumer Awareness
    • Methods of Consumer Protection
    • Consumer Protection Act, 2019
    • Consumer Rights
    • Basic Concepts Under the Consumer Protection Act
    • Remedies Available to a Consumer
    • Establishment of Central Consumer Protection Authority (Ccpa)
    • Machinery for Redressal of Consumers' Grievances
  • E-commerce
    • Benefits of E-commerce Over Traditional Commerce
    • E-Tailing
    • E-advertising
    • E-Marketing
    • E-security
  • Finance and Accounting
  • Capital and Revenue Expenditure/Income
  • Final Accounts of Sole Proprietorship
  • Fundamental Concept of Cost
    • Cost Concepts > Total Costs
    • Elements of Cost
    • Classification of Costs
    • On the Basis of Nature
    • On the Basis of Behaviour
    • On the Basis of Control
    • Other Types of Cost
  • Budgeting
    • Budgeting
    • Comparison Between Budgeting and Forecasting
    • Utility of Budgets
    • Limitations of Budgets
    • Concept of Cash Flow Statement
    • Distinction Between Funds Flow Statement and Cash Flow Statement
  • Sources of Finance
  • Human Resources
  • Recruitment, Selection and Training
    • Recruitment
    • Sources of Recruitment
    • Methods of Recruitment
    • Distinction Between Recruitment and Selection
    • Steps in Employee Selection Process
    • Training
    • Importance of Training
    • Types of Training
    • Preparation of Training Programme
    • Methods of Training
    • Advantages and Disadvantages of Recruitment
    • Methods of Selection
    • Types of Selection Tests
    • Performance Appraisal
  • Industrial Relations, Trade Unions and Social Security
    • Meaning of Industrial Relations
    • Objectives of Industrial Relations
    • Causes of Poor Industrial Relations
    • Methods to Improve Industrial Relations
    • Meaning of Industrial Disputes
    • Meaning of Trade Unions
    • Objectives of Trade Unions
    • Functions of Trade Unions
    • Problems of Trade Unions in India
    • Measures for Strengthening Trade Unions
    • Concept of Social Security
    • Scope of Social Security
    • Social Security in India
  • Logistics and Insurance
    • Logistics
    • Classification of Logistics
    • Need for Transportation
    • Significance of Transportation
    • Modes of Transport
    • Choice of a Suitable Mode of Transportation
    • Warehousing
    • Importance of Warehousing
    • Functions of Warehouses
    • Warehousing
    • Warehousing Documents
    • Insurance
    • Importance of Insurance
    • Insurance
    • Types of Insurance
  • Banking
    • Banking
    • Types of Bank
    • Functions of a Central Bank
    • Control of Credit by Reserve Bank of India
    • Role of Banks in Economic Development
    • Advantages of Opening a Bank Account
    • Electronic Banking (E-Banking) - ATM, Credit and Debit Cards
    • Financial Fraudulent Practices
  • Striving for a Better Environment
    • Community Participation and Public Awareness
    • Use of Efficient and Eco-friendly Technology
    • Sustainable Use of Resources
    • Environmental Values and Ethics
    • The Environment Protection Act, 1986
    • Functions of Central Pollution Control Board
  • Need to Know
  • Chart Showing Basic Accounting Terms
Maharashtra State Board: Class 11

Need to Know

  • Accounting is everywhere: It helps businesses understand money coming in and money going out.
  • First step: Learn key terms used in accounting. These are the “ABCs” of the subject.
  • Knowing terms = Understanding everything else in accounting.
  • These words repeat everywhere: in lessons, problems, and exams. It’s like learning the rules of a game before you play! 
Maharashtra State Board: Class 11

Chart Showing Basic Accounting Terms

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