Explain the meaning of ledger, Financial Management

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Question 1 Write short notes on following-

Explain any five important functions of accounting
What is Book-Keeping? Explain features of book-keeping

Question 2 Explains any five accounting concepts

Question 3 Show the accounting equation on the basis of the following transactions and present a balance sheet on the basis of the ending equation in the books of M/s Sukumar

Question 4 What do you mean by Adjustments? Explain any four common adjustments with example

Question 5 Explain the meaning of ledger

Question 6 Explain the meaning and importance of journal

Question 7 What is bank reconciliation statement? Explain purpose of bank reconciliation statement along with causes for the differences

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