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Navodaya Institute

  • Writer: Navodaya Institute
    Navodaya Institute
  • Jul 28, 2018
  • 1 min read

Navodaya Institute is named with the "Three Keys of Success: Dedication, Growth & Accountability". Dedication: is the key of success. Growth: is the fruit of Dedication. Accountability: is most important for sure success.

Accounting

It is a systematic process of identifying, recording, measuring, classifying, verifying, summarizing, interpreting and communicating financial information.



Golden rules of accounting

1. Debit The Receiver, Credit The Giver.

2. Debit What Comes In, Credit What Goes Out

3. Debit All Expenses And Losses, Credit All Incomes And Gains.



e Accounting


E-accounting or online accounting, is the application of online and Internet technologies to the business accounting function.



Accuracy: This accounting system is designed to be accurate to the minutest detail. Once the data is entered into the system, all the calculations, including additions and subtractions, are done automatically by software.





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