Tag: Basis of Accounting

Introduction to accounting is the first chapter of the fundamentals of Accounting. This chapter deals with the following concepts 1.01  Meaning and Definition of Accounting 1.02  Attributes (Characteristics) of Accounting 1.03  Functions of Accounting 1.04  Accounting Process 1.05  Book Keeping 1.06  Objectives of Accounting 1.07  Advantages of Accounting 1.08  Limitations of Accounting 1.09  Users of…