Basic Accounting

Basic Accounting is an application that gives user an information about the very basics of accounting.

The Application contains

-Accounting,

-Basis of Accounting,

-Types of Accounting,

-Balance Sheet,

-Double Entry Accounting,

-Profit and Loss Account,

-Ledger Account,

-Trial balance,

-Reporting period,

-Bank Reconciliation,

-Debit and credit,

-Assets and Liabilities,

-Payroll Accounting,

-Financial Statements,

-Petty Cash Book,

-Accruals,

-Book Keeping,

-Income Statements,

-Cash Flow,

-Accounting Pronouncement,

-Standard Costing

Some basic accounting and financial formulas that could help users to understand their business better.

-Short Term Solvency or Liquidity Ratios,

-Long Term Solvency or Financial Leverage Ratios,

-Turnover Ratios,

-Profitability Ratios,

-Market value Ratios

The Application also help user to learn and understand some of the Accounting Principles.