Featured Posts

Latest Posts

CLASSIFICATION OF INDUSTRY

Industry and Its Classification: Business Studies Class 11

What is Industry? Business activities may be classified into two broad categories — Industry and Commerce. In this post we will discuss about Industry and its classification. Industry is concerned with the production...
DIFFERENCE BETWEEN BUSINESS PROFESSION AND EMPLOYMENT

Difference Between Business, Profession and Employment

Difference between Business, Profession and Employment is covered in Chapter 1 of Business Studies in Class 11 of NCERT Syllabus. We will discuss the same here. First let us get a brief...

Non Profit Accounting: Accounting for Non Profit Organizations

Introduction to Non Profit Accounting There are many organisations which are not run with the objective of earning profit. In this article we will learn how to do accounting for non profit...
conversion method of single entry system

The Transaction Approach or The Conversion Method of Single Entry System

Introduction to the Conversion Method of Single Entry System The Conversion Method of Single Entry System is a more scientific way of preparation of Final Accounts from Incomplete Records. It is also...
Statement of Affairs

Statement of Affairs Method for Calculation of Profit or Loss under Single Entry System

A trader may keep his accounting records under the single entry system due to lack of resources or expertise. However he would be equally eager to calculate his profit or loss...

Stay Connected

197FansLike
8FollowersFollow
28FollowersFollow
16FollowersFollow
47,909SubscribersSubscribe

About Us

The Commerce Tutor is a YouTube Channel and a Finance Blog where we provide finance education to empower our readers. Learn Accounts, Taxes and MS Excel easily with Us.