The great explorer of the truth, the master-builder of human happiness no one rejects dislikes avoids pleasure itself because it is pleasure but because know who do not those how to pursue pleasures rationally encounter consequences that are extremely painful desires to obtain.
Read MoreList of Documents Required for Bookkeeping in India.
- Monthly Bank statement of the entity
- Sales invoices
- Purchase invoices
- Other information of Loans, Payments, etc.
Process for Bookkeeping in India.
Step 1: Analyzing financial transactions and assigning them to a specific account
Step 2: Writing original journal entries that credit and debit the appropriate accounts
Step 3: Posting entries to ledger accounts
Step 4: Adjusting entries at the end of each accounting period
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