Top 10 Advanced Excel Formulas for Accounting and Finance
📈 Compound Interest Formula in Excel To calculate compound interest in Excel, use this manual formula: =P*(1 + R/N)^(N*T) P […]
Journal entry of Rent received in advance and Accrued Rent
Journal entry of Rent received . What is rent received? In accounting, “rent received” means that the revenue earned by […]
What is trading Accounts in Accounting and its Format
What is Trading Accounts ? Trading accounts is first part of Income statement .It shows either Gross Profit or Gross […]
Journal entry of Purchase Returns and sales returns in Accounting
What is purchase returns ? When goods purchsed from supplier to be sold but the goods purchased are given back […]
Top 25 Accounting Software Used Worldwide (2026) — Country-Wise List

VA Top Accounting Software List (2026) Country-wise most popular accounting tools worldwide Overview This guide covers the most widely used […]
Journal entry of Discount received and Discount allowed in Accounting
What is a discount Received in accounting? When cash or cheque is paid to supplier discount is received from him. […]
What is the meaning of contingent liabilities and its examples ?

A contingent liability is a liability or a potential loss that may occur in the future depending on the outcome […]
What is the journal entry for cheque dishonoured?
What is the journal entry for cheque dishonoured? When a business received a cheque it debited its bank account and […]
Complete Tutorial on Payroll Accounting in Tally Prime
Complete Tutorial on Payroll Accounting in Tally Prime What is Payroll Acounting? Payroll, is a process. where businesses generally compute […]
Complete Tally Prime Tutorial on Trading Organization with GST
Introduction of GST in Trading organization GST is an Indirect tax levied on whole nation .It stand for goods and […]
Salary outstanding journal entry in Accounting
Salary outstanding journal entry in Accounting What is salary? Salary is an expense for the business. It is to pay […]
Journal Entry of Loss or profit on Sale of Asset in Accounting
Journal Entry of Loss or profit on Sale of Asset in Accounting Sometime business need to sale their Fixed […]
