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BIT 163 INTRODUCTION TO ACCOUNTING CHAPTER FOUR

LEDGER The Double Entry System ,[object Object],[object Object],[object Object],[object Object],[object Object]

LEDGER The Double Entry System ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

THE ACCOUNTS FOR DOUBLE ENTRY ,[object Object],[object Object],[object Object],[object Object]

Illustration Capital Drawings Revenue Expenses Return Outwards Return Inwards Sales Purchases Liability Asset Credit (If the amount of the account increase) Debit (If the amount of the account increase)

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In any business, rounding of invoice amount is a necessary feature. By default, Odoo ERP doesn't support this feature. But the 'Round off Invoice Amount' app from Cybrosys allows you to round off the invoice amount to the nearest whole amount by excluding the decimal parts. This application also supports you to create separate journal entries for the rounded amounts, which can assure the amount is balanced.

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Introduction to acccounting chapter 4 new

1. BIT 163 INTRODUCTION TO ACCOUNTING CHAPTER FOUR

2.

3.

4.

5. Illustration Capital Drawings Revenue Expenses Return Outwards Return Inwards Sales Purchases Liability Asset Credit (If the amount of the account increase) Debit (If the amount of the account increase)