| Jun 21, 2007 | One of the objects of accounting is to determine whether the business has earned profit or it has suffered loss. For this purpose, profit and loss account is prepared. Total expenditure incurred by the business is divided in two categories: One portion is charged against revenue while the other is shown in the balance sheet as asset. The former is known as revenue expenditure and the latter as capital expenditure. While preparing the final accounts, all revenue items are included in the revenue account i.e., manufacturing, trading and profit and loss account and all capital items in the balance sheet. Any error committed in distinguishing between 'Capital' and 'Revenue' will affect the ascertainment of profit. |
HiTech Online | resources for accounting software systems, products, Do you want software, top accounting software, to get custom solution, click here. HiTech Online is a web resource that enables businesses looking for accounting software systems to research accounting software for various business segments, web based accounting software.
HiTech Financial Accounting Download - Accounting - Powerful and Easy accounting, Click for information on accounting software for traders for business software. Accounting Package, Free accounting, Company account Manager, solution for stock handling and billing management control, Barcode support inventory. No special barcode printer is required to print barcode.
Financial Accounting Software for Business, Trade, Industry, Click here for management accounting and the details of Accounting, Billing, Inventory Control Software. Use HiTech Financial Accounting and Business Management Software made specifically for users in Trade, Industry, Hotels, Hospitals etc. Increase profitability through enhanced business management.
Barcode Accounting Software: Barcode reader, Accounting, Inventory Management Software, Click for information on automobile accounting for business software. HiTech Barcode Accounting Software: Specializing in barcode reader, inventory management software, inventory control software, inventory control systems, barcode labels.
for various software categories 
