Knowledge in Bcom

Company law matter

Company law matter

Environmental studies

Environmental studies notes

Loan and lease

Loan and lease notes

Cost accounting paper

Cost accounting notes

Business organization and management

Business organization and management

Explain Business Forecasting And also Explain Deterministic Techniques Of forecasting.

Explain Business Forecasting And also Explain Deterministic Techniques Of forecasting.

What is Account ?

Definitions of AccountIn accounting, an account is a record in the general ledger that is used to sort and store transactions. For example, companies will have a Cash account in which to record every transaction that increases or decreases the company's cash. Another account, Sales, will collect all of the amounts from the sale of merchandise. Most accounting systems require that every transaction will affect two or more accounts. For example, a cash sale will increase the Cash account and will increase the Sales account.The term account is also used in transactions where suppliers sell goods to customers and grant credit terms such as net 10 days. In those situations, a supplier is selling goods on account and the customer has purchased goods on account. The supplier has also increased the balance in it's current asset  account entitled Accounts Receivable and the customer will increase the balance in its current liability account entitled Accounts Payable.

Accounting Basics

Introduction to Accounting BasicsThis explanation of accounting basics will introduce you to some basic accounting principles, accounting concepts, and accounting terminology. Once you become familiar with some of these terms and concepts, you will feel comfortable navigating through the explanations, quizzes, quick tests, and other features of AccountingCoach.com.Some of the basic accounting terms that you will learn include revenues, expenses, assets, liabilities, income statement, balance sheet, and statement of cash flows. You will become familiar with accounting debits and credits as we show you how to record transactions. You will also see why two basic accounting principles, the revenue recognition principle and the matching principle, assure that a company's income statement reports a company's profitability.In this explanation of accounting basics, and throughout all of the free materials and the PRO materials—we will often omit some accounting details and complexities in order to present clear and concise explanations. This means that you should always seek professional advice for your specific circumstances.

Financial accounting

It's the study material of Delhi bcom financial accounting

Industrial Relations

Industrial Relations: Industrial relations usually involve and consider employees as a group and employers as a group. The decisions taken by employers and managers are affecting on industrial relations; e.g.: Opening or closing down of a workplace, introducing new technology or work organization, allocating a specific distribution of profits are some of them. Decisions taken by employees are also affecting the industrial relations such as strikes, immediate leave without following proper way, and not doing the job in working time.Strike:Strike is an action by workers in which they cease to perform work duties and do not report to work.Union:A union is simply a group of workers acting together to influence their working conditions. So as just one example, it’s illegal to prohibit workers from discussing their wages and benefits with other employers, because this is a basic form of worker self-protection.Collective Agreement: A writen document outlining the terms and condions of employment in a unionized workplace.Collective Bargaining:Collective bargaining is a process of joint decision making in work places. It is the process of negotiation between ‘firms’ and workers’ representatives for the purpose of establishing mutually agreeable conditions of employment to enhance the harmonies working status at the work places.Labour Relations:Labour Relations refers to the relations between employers and employees. They are affected by a number of factors, including labour organizations, COLLECTIVE BARGAINING, LABOUR MARKET, government policy, the structure of the economy, LABOUR LAW and technological change.

Business communication

Contents of business communication

Bussiness law for students from law and management background .

It is bussiness law notes hand written . It has all the information and that too in a very concise way for students . It is useful for management students like mba , bba , bcom , bcom honours etc . It has all the laws used in bussiness world.