PPSC Lecturers Commerce Preparation Materials at the one place 1Nov2020

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Respected Members,

Here is some data for the preparation. Hope it will help you to be prepare for the exam of Punjab Public Service Commission ...

Agr ap k pass b koch data  hay to plz share kr dijiyee ga,, ta kay baKi Logon ka b faida ho saky or tiyari achi ho saky..

PPSC special for Lecturer Commerce 

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Accrual of something is, in finance, the adding together of interest or different investments over a period of time. It holds specific meanings in accounting, where it can refer to accounts on a balance sheet that represent liabilities and non-cash-based assets used in accrual-based accounting.

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[Sana Sunny ツ]

Accrual of something is, in finance, the adding together of interest or different investments over a period of time. It holds specific meanings in accounting, where it can refer to accounts on a balance sheet that represent liabilities and non-cash-based assets used in accrual-based accounting.

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Definition of a Real Account

A real account is a general ledger account that does not close at the end of the accounting year. In other words, the balances in the real accounts are carried over to become the beginning balances of the next accounting period. Real accounts are also referred to as permanent accounts.

Examples of Real Accounts

The real accounts are the balance sheet accounts which include the following:

• Asset accounts (cash, accounts receivable, buildings, etc.)
• Liability accounts (notes payable, accounts payable, wages payable, etc.)
• Stockholders' equity accounts (common stock, retained earnings, etc.)

[Sana Sunny ツ]

[Sana Sunny ツ]

by the grace of Almighty Allah mera paper acha ho gaya,,,,

bas ab merit ban jayee ,, Amin sum Amin