CA Foundation Accounts Lecture 1 Accounting Terms (Handwritten Notes) By CA Satya Prakash

Hi Guys,
After studying this unit, you will be able to Understand :
- the meaning and significance of accounting
- Basic Accounting Terms.
- meaning of book-keeping and the distinction of accounting with book-keeping.
- Understand Separate Entity Concept
- Transactions vs Events
- Accounting Terms like Debtors, Creditors, Stock, Balance Sheet, Assets, Liabilities, Drawings, Capital, Financial year Etc.
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