according to the cost principle
Hello candidate,
The principal cost or the cost principle is also known as recorder cost and it is an accounting principle that requires assets, liabilities, and equity investments to be recorded on financial records at their original cost so that the change in profit or loss margins can easily be determined while maintaining the balance sheets and record tally.
Hope it was helpful!!
Good luck.
MCOM ACCOUNTANCY OR MSC COMPUTER SCIENCE
Hey,
The two courses you have mentioned are like far apart in terms of choice. Both have their own advantages and disadvantages but ultimately it will depend in which subject you have interest. Me suggesting you one you don't have interest won't help you much. As you won't be able to excel in that field.
But in this MNCs oriented world, the field of Computer Science is in high demand. So if you have enough confidence that you can do this you should oot for MSC IN COMPUTER SCIENCE.
Choosing trend oriented career will help you flourish well. But in the end it's you who have to choose.
Hope it helps.
Thank you
Class 12th subject account syllabus
Hello Dear,
The Syllabus for Class 12th Accounts is as follows:
Unit 1: Accounting for Partnership Firms.
Accounting for Partnership firms - Reconstitution and Dissolution.
Unit-2 Accounting for Companies.
Accounting for Share Capital.
Accounting for Debentures.
Unit 3: Analysis of Financial Statements.
Unit 4: Cash Flow Statement.
Unit 3: Computerised Accounting.
For more information you can visit the link;
https://school.careers360.com/articles/cbse-class-12-accountancy-syllabus
Good Luck
Which is better B.com( Banking insurance and financial services) or B.com(accountancy and taxation)? Which has better scope? And which one is best to prepare for groups?
Hello Aspirant,
See both the course which you have mentioned in the question are good for commercial fields, so let us discuss about both the courses in detail.
So let us start with B.Com (//B.Com) (Banking Insurance & Financial Services) or basically we can say it as B.Com (//B.Com) . in Banking management, it is an undergraduate course of 3 years duration. So if we discuss about it's scope then it has wide scope as the field (Banking) for which this course is made is the pillar of national economy. This course provide you the proper knowledge of different aspects of banking and business like Business Communication, Environmental Studies, Accountancy & Financial Management and Mathematical & Statistical Techniques with proper application based knowledge of risk-coverage, financial contracts that bind two people to certain responsibilities which are known as Policy and Policy-holder relationship. If you pursue this course and get certified in it then you will get chance to work with some national economic/banking bodies like regulatory agencies and global markets. Some top recruiters for this field are TCS, Sutherland, HCL, DELL, CTS, CITY Bank, and some others for different sectors such as Banks, investments, the insurance industry, savings and loan associations, etc. Some top institutes offering this course are like Sir Padampat Singhania University, Chandigarh University, Manav Rachna International University, University of Technology and Management, Sandip University, GD Goenka University, Apeejay Stya University, International College of Financial Planning, Jain University and so on. Nowadays average salary offered to the graduates in above course ranges from INR 5-25 LPA depending upon experience of the candidate.
Now coming to B.Com (//B.Com) (accountancy and taxation ), it is also an undergraduate course of 3 years duration. So if we discuss about it's scope then it has good scope as the field (Banking) for which this course is made is required by almost all the companies whether it is any MNC or and local or small-scale company either in government or in private sector. This course provides you the proper knowledge of different aspects of accounting and taxation like banking, accounts, taxes, and management. Roles offered for this field are Accountant, Finance Manager, Operations Manager, Account Executive, Financial Analyst, Executive Assistant, Chartered Accountant etc. Some top institutes offering this course are like Miranda House, Lady Shri Ram College for Women, Hindu College, St. Stephen’s College, Presidency College, Lovely Professional University and so on. Nowadays average salary offered to the graduates in above course ranges from INR 10-20 LPA depending upon experience of the candidate.
I hope this information helps you.
Good Luck!!
college names in cbe for Bsc computer science for commerce student accountancy with computer science
hi,
usually the most colleges criteria to admission in b.sc in computer science is candidates must have studied physics, chemistry and mathematics as compulsory subject in 12th course. since you are from commerce background you would not eligible for b.sc course in computer science. however you may go for b.com (//b.com) course in computer science, which is mainly focus in the area of of commerce with application of computer science. some of the college in India which offers b.com (//b.com) with computer science is as follows:
Indira Gandhi College of Arts and Science - Kerela
Devi Ahilya Vishwavidyalaya - Madhya Pradesh
Maharaja Arts and Science College, Tamil Nadu
Osmania College - Autonomous - Andhra Pradesh
Punjabi University - Punjab
can a commerce student having (english , computer science, economics,business studies,accountancy ) take Bsc system software in college ?
Dear Aspirant,
I am sorry but for anyone to take admission in the course of BSc, he/she should have completed 12ty standard with 50% aggregate in physics, Maths & Chemistry as compulsory subjects.
Most colleges give admission to students based on this criteria of this 12th Std & the availability of these subjects.
But some colleges also offer admission through their entrance exam conducted by their Universities. But you will have to research for the same.
Thanks. Hope it helps.
state the meaning of a trial balance?
A trial balance is a booklike or note like worksheet in which the balance or total number of ledgers are compiled into debit and credit account column totals that are equal.
A company prepares atrial balance periodically, usually at the end of every reporting period or it is prepared after balancing all the accounts of ledger therefore there are two columns in a Trial Balance - debit and credit.
BCOM ACCOUNTANCY OR BSC INFORMATION TECHNOLOGY ????
Hey
The two streams are so different in their basic nature. BSc is Science (for taking this you have to have mathematics, physics and chemistry in your 12th class). For BCom you can apply ffrom Science as well as Commerce background (in some colleges though they have ways of selection which prefers commerce students)
BCom- After this course you can become an accountant or an account excecutive etc. You can go for MBA or Chartered Accountancy (CA) or Company Secretary (CS) or Master of Commerce (M.Com) or Chartered Financial Analyst (CFA) or Business Accounting and Taxation (BAT) or Certified Management Accountant (CMA) or Financial Risk Manager (FRM) or Certified Financial Planner and much more. If you are interested in these then go with BCom (it has a lot of scope if you are good at it).
BSc IT- Average salary after this course is around 4lpa. You can get admission in this through state level and national level exams (in the good institutes). After completion of the course you can become IT Support Analyst, Network Engineer, Web Designer ,Software Developer ,Systems Analyst etc
It all comes down to your interest honestly. You will excel at something you find interesting and at what makes you happy and satisfied. My advice will be- do not go with what the society wants but with what you want and what you find most comfortable at.