Riaz Academy
Financial Accounting is an important Branch of Accountancy. Financial Accounting is concerned with recording of business transactions and preparation of statements for the purpose of ascertaining profit or loss of the concern and preparation of balance sheet to know the financial position of the organisation.
You can find your desired information from the followings.
For Beginners:
Chapter No. 1: Introduction to Accounting
you will find here :
- Basic terminology of Accounting,
- Short Questions and Answers
- Multiple Choice Questions (MCQs)
- Practical Questions with Answers
Chapter No. 2: Accounting Equation
you will find here :
- Basic terminology of Accounting Equation
- Short Questions and Answers
- Multiple Choice Questions (MCQs)
- Practical Questions with Answers
Chapter No. 3: Nature of Account
you will find here :
- Basic terminology of Nature of Account
- Short Questions and Answers
- Multiple Choice Questions (MCQs)
- Practical Questions with Answers
Chapter No. 4: Journal
you will find here :
- Basic terminology of Journal
- Short Questions and Answers
- Multiple Choice Questions (MCQs)
- Practical Questions with Answers
Chapter No. 5: Ledger and Trial Balance
you will find here :
- Basic terminology of Ledger & Trial Balance
- Short Questions and Answers
- Multiple Choice Questions (MCQs)
- Practical Questions with Answers
Chapter No. 6: Banking Transactions
you will find here :
- Basic terminology of Banking Transactions
- Short Questions and Answers
- Multiple Choice Questions (MCQs)
- Practical Questions with Answers
Chapter No. 7: Bills of Exchange
you will find here :
- Basic terminology of Bills of Exchange
- Short Questions and Answers
- Multiple Choice Questions (MCQs)
- Practical Questions with Answers
Chapter No. 8: Sub-Division of Journal – Cash Book – Bank Reconciliation Statements
you will find here :
- Basic terminology of Sub Division of Journal
- Short Questions and Answers
- Multiple Choice Questions (MCQs)
- Practical Questions with Answers