introduction to accounting principles

Lesson#1 Basic Accounting tutorial In this course you will learn how you can manage your accounts in your business or in job so let’s start. What is accounting? Accounting is a process of financial management where any one can see how much money business is earning , what is profit and loss for current year ,how much money you have spend and where you have to invest to earn more profit. Why do you need accounting? For example If you run any business and you need a loan of $10000 you will go to any bank and bank officer will ask you about how much your assets are worth, how much debit you have and what is cash flow each month . If your account is maintain you will easily give him/her your data and get loan easily .

Hello All Commerce Stdent

Dear All Today we are going to start new blog for commerce student and professionals, so we will discuss all the subjects regarding commerce studies. And you can also comment us first which subject we have to start. Thanks happy learning :)