Basic Accounting Terms

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Accounting is a major subject. If you are new in this field then you will face many problems in this subject because you don't know about the basic terms of Accounting and if you don't know the basic terms of Accounting then I will advise you to Know about the basic Terms of Accounting
Here are the some basic terms of Accounting

  • Accounting 
  • Debit 
  • Credit 
  • Assets 
  • Expense 
  • Income 
  • Equities 
  • Accounting Equation 
  • Journal
  • Narration 
  • Drawing 
  • Account Receivable 
  • Account Payable 
  • Prepaid Income/Expense 
  • Accrued   
  • Ledger 
  • Trial Balance 
  • Special Journal 
  • Cash Book 
  • Trading Profit and Lose Account 
  • Balance Sheet 
That terms are the play a most important role in the Accounting First of all I wanted to explain all that terms in very simple language that the every one can understand it butter so let's start
Basic Accounting Terms
Basic Accounting Terms 



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