Accounting Education

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With this board, you will learn accounting more deeply whether your background is commerce or non-commerce. We have made a wonderful website for this purpose. Visit today at https://www.svtuition.org/ for learning accounting.

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How to Calculate Minority Interest in Consolidated Balance Sheet - Video Tutorial in Hindi

How to Calculate Minority Interest in Consolidated Balance Sheet - Video Tutorial in Hindi

Svtuition is an online free virtual school under our not-for-profit organization and our mission is to educate for students of all ages.

How to Prepare Consolidated Balance Sheet of a Holding Company - Video Tutorial in Hindi

How to Prepare Consolidated Balance Sheet of a Holding Company - Video Tutorial in Hindi

Svtuition is an online free virtual school under our not-for-profit organization and our mission is to educate for students of all ages.

Journal Entries Tutorial - Part 10 #accounting

Journal Entries Tutorial - Part 10

Journal Entries Tutorial - Part 10 #accounting

Learn the simple steps to automate the business process.

How to Automate the Business Process?

Learn the simple steps to automate the business process.

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How to prepare Consolidated Balance Sheet of Holding Company

Accounting Education is a not-for-profit educational organization created by Prof. Vinod Kumar for helping you in accounting, finance and education.

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Accounting Education is a not-for-profit educational organization created by Prof. Vinod Kumar for helping you in accounting, finance and education.

Yesterday, one of my online student asked question, " How can I download 12th Class Accounting Notes?"   So, I am explaining here very ...
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How to Download 12th Class Accounting Notes

Yesterday, one of my online student asked question, " How can I download 12th Class Accounting Notes?" So, I am explaining here very simple words. First of all, I am telling, it is not free. We have fixed a minimum price of Rs. 400 for all 12th Class Accounting Notes including examples and sample questions. Second, it is only for Indian students who are learning in 12th Class with commerce subject. There is not any issue in which board are you study. If your syllabus will not cover, we will…

In Tally.ERP 9 New release 6, you can get GST Invoice with just few clicks. For this, following steps, you have to take.   1. Pass the ...
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How to Prepare GST Invoice in Tally

In Tally.ERP 9 New release 6, you can get GST Invoice with just few clicks. For this, following steps, you have to take. 1. Pass the ...

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Journal Entries Test Online - Part 2

For increasing intelligence, it is very necessary to give test. By giving more and more test, you find more and more mistakes. You note all such mistakes. Then, you set your goal not to do mistakes. After so much improvements in goal, you achieve your goal. In accounting area, there is also importance of giving online test. At Accounting Education Website, we take Online Accounting, Taxation and Finance Tests time to time. Today, we are taking Journal Entries Test - Part 2. If you did not…

Why do Millionaires Go Bankrupt

There are lots of reasons of becoming millionaires as a bankrupt. But one of main reason of bankruptcy after becoming millionaires is lack of knowledge of accounting. It is old saying, human being can not be perfect in everything. Only God is perfect in everything. So, all those who did not learn accounting has biggest chance of becoming bankrupt soon. We all know, accounting is the language of business. If anybody become millionaires by any chance or hard work and enters in business without…

Celebrate 9th Birthday of Accounting Education | Accounting Education

How to Create Happy Moments - 21 Days Course - By Vinod Kumar | Hindi

Today is 9th birthday of my online work. Same day on 19th Jan. 2008, I started my online work. So, today, I want to give gift to you. So, I have made this vi...

What is Hire Purchase Transaction | Accounting Education
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What is Hire Purchase Transaction

High purchase transaction is the transaction of business in which purchaser of any asset does not pay the full amount to seller. He pays small amount in advance and start to use of same asset. All pending payment is paid by purchaser installments. This is because, there is not sufficient payment in the pocket of purchaser at the time of buying. So, this type of agreement is done between buyer and seller. For example Mr. A went to the bike shop and wanted to buy a bike whose cost was Rs…

As it is confirmed, GST will apply all most all India from 1st April 2016. You have to record it in your business books. All the journal en...

Journal Entries for GST

As it is confirmed, GST will apply all most all India from 1st April 2016. You have to record it in your business books. All the journal entries of excise duties, VAT, Service Tax and other Indirect tax will stop. So, it is good time to learn the journal entries for GST and be prepare for passing it from next financial year. From next year, Goods and services will be same from tax point of view. Both from start from its production point and then, upto retailer, it will be taxable. On the…

Sales volume means sold quantity of goods. There are many purposes for calculating the sales volume, for example, we need sales volume...

How to Calculate Sales Volume

Sales volume means sold quantity of goods. There are many purposes for calculating the sales volume, for example, we need sales volume for calculating the value of total sales, calculating the gross profit, sales volume variance and cost volume variances. To calculate the sales volume is simple. For example, we are calculating the sales volume of one year. We have to record each day sales quantity. For example, we sell each day 100 units of our finished products. It means, we sell 3000 units…

Return on Assets Ratio | Accounting Education

Return on Assets Ratio

Return on assets means the relationship of net income and total assets. It is different from return on investment ratio. Return on investment ratio is the relationship between net profit and investment. Investment is the part of total assets. In total assets, fixed assets, investments and current assets are included. ROA = Net Profit / Total Assets For example : If total assets are Rs. 1,00,000 and net profit is Rs. 25,000, return on assets ratio is 25%. It simple means, if any company…

Is My Journal Entry Correct? | Accounting Education

Is My Journal Entry Correct?

You have recently learned to pass the journal entries. It may be possible, you will do mistakes if you did not understand the double entry system correctly. If you want to find the mistakes of your entry, you need to ask the question, "Is my journal entry correct?" to your master of accounting. Here, we are writing incorrect journal entries and we are telling the reason why it is incorrect? Understanding it will help you to understand about how to pass correct journal entries. 1st Wrong…