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    Date: Mon, 17 Oct 2011 16:32:59 GMT

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    H1

    H2

    Accounting period concept in the context of Going Concern concept

    When closing capital exceeds opening capital, it represents profit

    A trader who keeps his books under single entry system approaches a bank for availing a loan. But the bank refused to grant loan as the accounts were not reliable. As an accountant can you help the trader

    Single Entry Accounting System is crude and unscientific

    Income and Expenditure Account

    Relevant items of Income and Expenditure Account

    Subscription

    Acceptance of a Bill of Exchange

    Renewal of a bill

    Advantages of Bills of Exchange

    Features of a Bill of Exchange

    Bills of Exchange

    Meaning and Definition of a Bill of Exchange

    H3

    Accounting period concept in the context of Going Concern concept

    When closing capital exceeds opening capital, it represents profit

    A trader who keeps his books under single entry system approaches a bank for availing a loan. But the bank refused to grant loan as the accounts were not reliable. As an accountant can you help the trader

    Single Entry Accounting System is crude and unscientific

    Income and Expenditure Account

    Relevant items of Income and Expenditure Account

    Subscription

    Acceptance of a Bill of Exchange

    Renewal of a bill

    Advantages of Bills of Exchange

    Features of a Bill of Exchange

    Bills of Exchange

    Meaning and Definition of a Bill of Exchange

    H4

    H5

    H6

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