Class 11 Accountancy - Accounting Principles Part-V - Accrual Basis - Cash Basis Video by Let's Tute
Video Summary:
In this explanatory video session, we will understand the "accrual principle" wherein one has to record accounting transactions in the period in which they actually occur and also learn about "cash basis" which is a cash method of accounting.You will also be able to understand which basis of accounting is more suitable for us to follow.
Audience of the Video:
This video Useful for Class XI students.