A study of account books maintained by Mahila Bachat Gat in your area and preparation of financial report.
Dear Student,
This is a practical approach question wherein you need to visit Mahila Bachat Gat & study how their books of accounts are prepared. Some of the points can be :
a) What method they follow : Cash Basis or Accrual Basis.
b) What all books of accounts are maintained : Journal, Ledgers, Trial Balance or Subsidiary Books, Ledgers & Trial Balance.
c) When they close their accounting year.
d) What all transactions are covered.
These were just a few , you can get into further details accordingly.
Basis all the above points you can prepare a financial Report, stating all the areas you covered in your study.
Regards,
This is a practical approach question wherein you need to visit Mahila Bachat Gat & study how their books of accounts are prepared. Some of the points can be :
a) What method they follow : Cash Basis or Accrual Basis.
b) What all books of accounts are maintained : Journal, Ledgers, Trial Balance or Subsidiary Books, Ledgers & Trial Balance.
c) When they close their accounting year.
d) What all transactions are covered.
These were just a few , you can get into further details accordingly.
Basis all the above points you can prepare a financial Report, stating all the areas you covered in your study.
Regards,