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    Objectives of Accounting

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    Bhavay Dawar
    The document outlines the key objectives of accounting which include maintaining cash accounts through the cash book to determine daily cash balances, recording non-cash transactions in various journals, determining total capital and asset positions on given dates, calculating production costs, providing information on purchases and sales, and detecting and correcting errors through journal entries.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Objectives of Accounting

    Uploaded by

    Bhavay Dawar
    27 views8 pages
    The document outlines the key objectives of accounting which include maintaining cash accounts through the cash book to determine daily cash balances, recording non-cash transactions in various journals, determining total capital and asset positions on given dates, calculating production costs, providing information on purchases and sales, and detecting and correcting errors through journal entries.

    Original Description:

    These are Objectives of Accountining PPT .

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    The document outlines the key objectives of accounting which include maintaining cash accounts through the cash book to determine daily cash balances, recording non-cash transactions in various journals, determining total capital and asset positions on given dates, calculating production costs, providing information on purchases and sales, and detecting and correcting errors through journal entries.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    27 views8 pages

    Objectives of Accounting

    Uploaded by

    Bhavay Dawar
    The document outlines the key objectives of accounting which include maintaining cash accounts through the cash book to determine daily cash balances, recording non-cash transactions in various journals, determining total capital and asset positions on given dates, calculating production costs, providing information on purchases and sales, and detecting and correcting errors through journal entries.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 8

    Objectives of Accounting

    Abhay Dawar
    B.Com (h)

    To maintain the cash

    accounts through the


    Cash Book and to find
    out the Cash balance
    on any particular day.

    To maintain various

    other Journals for


    recording day-to
    day non cash
    transactions.

    To find out the total

    capital on a
    particular date.

    To find out the

    positions of assets
    on a particular date.

    To calculate the

    cost of productions.

    To furnish

    information
    regarding Purchases
    and Sales, both Cash
    and Credit.

    To detect the

    various errors and to


    rectify those through
    entries in the journal
    proper.

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