Accounting Concepts and Terms

In this app, you will get all essential lecture notes of General Accounting and Financial Accounting with 1000+ accounting terms. You can search terms in this app.

General Accounting section contain topics like Balance Sheet, Forms of Business Organization, Ledger, Petty Cash and many more.

Financial Accounting section contains Capital, Profit & Loss, Income, Expenditure, Receipts, Payments, Objective of Accounting, Elements/Aspects in Accounting, Separate Entity Concept and many more.

This app will help you to prepare for your exam.


Basic Accounting Section includes:
# Income Statement
# The Accounting Equation
# Double Entry System
# The Balance Sheet
# Double Entry Bookkeeping
# Profit and Loss account
# Reporting Period & Conversion Period

General Accounting Section includes:

# The Balance Sheet
# Forms of Business Organization
# The Use of Financial Statements by Outsiders
# The Simple Ledger
# Cash Control Management
# Petty Cash
# Accounts Receivable
# Notes Receivable
# Accounting for Merchandising Activities
# Classified Financial Statements
# Financial Ratios
# Income Statement Classifications
# Perpetual Inventory System
# Merchandising Transactions: Sales
# Accounting Information Systems
# Internal Control
# Business Net Income
# Adjusting Entries
# Completion of the Accounting Cycle

and many more.