Analog computer Digital computer 1.They process continuous data. 1. They process discontinuous data 2.They are special purpose computers 2. They are general purpose computers. 3.They are expensive than digital computers. 3. They are cheaper than .....

The broad classifications of computer on the basis of work (function/activity) are:Analog computer: Analog computer are special purpose computer which are designed to measure the continuous physical values such as speed, pressure, etc. E.g. .....

General purpose computer:The computers which are designed to handle a variety of common task at homes, offices, organizations, etc. are known as general purpose computers. E.g. personal computer.Special purpose computer:The computers which can .....

There are different basis of the classification of computer. The modern basis of computer classification are: i. General purpose computer ii. Special purpose computer .....

The main unit of computer system are: Input unit Output unit  Processing .....

The integration of input unit, processing unit, output unit along with necessary software working together to perform the certain task is known as computer .....

The storage unit of computer are: 1 bit 0 or 1 4 bits One nibble 8 bits One byte 1024 bytes One kilobyte (kb) 1024 megabytes One gigabyte (gb) 1024 Gigabyte One terabyte (tb) 1024 Terabyte One petabyte (pb) .....

The system of using more than one processor to solve a particular problem at the same time is called as parallel .....

An expert system is knowledge based system with the capability of reasoning logical approach and come to the conclusion which may be applied in fifth generation computer. E.g. MYCIN is an expert system which is used in the field of medical .....

Solution: Trial Balance As on 31st Chaitra S. No. Heads of Account LF Debit balance Credit balance 1. Furniture 30,000 2. Sales 2,12,000 3. Purchases 2,50,000 4. Discount received 5,000 5. Debtors .....

Trade is concerned with buying and selling of goods. It is the process of exchanging goods with money for mutual benefits of the buyer and seller. It is the act of transferring the ownership of goods from the seller to the buyer. It can be .....

Trial Balance of Sapana Traders As on 31st Ashadh S.No. Heads of Account LF Debit Balance Credit Balance 1. Capital 3,00,000 2. Wages 15,000 3. Bank loan 40,000 4. Cash 5,000 5. .....

Industry refers to the act of producing raw materials and finished goods. It is the process of converting raw materials into finished goods. It is the activity relating to extraction, reproduction, manufacturing and construction of products. On the .....

Trial Balance of Amar Enterprises As on 31st Ashadh S.No. Heads of Account LF Debit Balance Credit Balance 1. Opening Stock 40,000 2. Purchases 20,000 3. Sales 66,000 4. Sundry debtors 5,000 .....

Journal Entries Date Particulars LF Debit Rs. Credit Rs. a). Bank a/c……………………….Dr. 1,00,000 To capital a/c 1,00,000 (Being business started with bank balance.) .....

Journal Entries Date Particulars LF Debit Rs. Credit Rs. a). Cash a/c………………………..Dr. 60,000 To capital a/c 60,000 (Being business started with .....

Journal entries Date Particulars LF Debit Rs. Credit Rs. a). Furniture a/c……………………………Dr. 7,000 To banka/c 2,000 To Fine Furniture Center's a/c .....

Solution: Trial Balance As on 31st Ashadh S. No. Heads of Account LF Debit balance Credit balance 1. Capital 50,000 2. Bank 30,000 3. Cash 15,000 4. Bills payable 10,000 5. Land and building 45,000 6. .....

Journal entries Date Particulars LF Debit Rs. Credit Rs. a). Cash a/c ……………………………Dr. 60,000 To capital a/c 60,000 (Being business started with .....

Solution: Trial Balance As on 31st Ashadh S. No. Heads of Account LF Debit balance Credit balance 1. Opening stock 10,000 2. Furniture 15,000 3. Purchases 30,000 4. Salary 15,000 5. Sales 50,000 6. .....

Journal entries Date Particulars LF Debit Rs. Credit Rs. a). Cash a/c ……………………………Dr. 60,000 To capital a/c 60,000 (Being business started with .....

The trial balance can be prepared on daily or monthly or yearly basis as per the requirement of the business. It is prepared on a given date in a separate sheet of paper. It is prepared either using total method or balance method or compound method. .....

Journal entries Date Particulars LF Debit Rs. Credit Rs. a). Bank a/c ……………………………Dr. 1,00,000 To capital a/c 1,00,000 (Being business started .....

Posting the account from journal to the ledger, the rules of journalising should be followed. Account debited in a journal should be also debited and account credit also credit in the ledger account. The process of preparing the ledger account can .....

The following are the disadvantages of multinational company: A multinational company invites its capital in the most profitable sectors and developed regions disregarding the national interest, priorities, and goals. Due to huge financial .....

The following are the advantages of multinational company: A multinational company transfers a huge amount of capital, advanced technology, and professional management to a developing country like Nepal through its branch or subsidiary. Through the .....

The characteristics of multinational company are as follows: Large scale business: The capital of a multinational company is very large, its assets and sales are also quite large. The turnover of some multinational company is much more than the .....

A multinational company is a large business organization which is established in one country as the parent company and which performs its manufacturing, trading and service business in other countries its subsidiaries or branches. It is a large .....

A multinational company is a large business organization which is established in one country as the parent company and which performs its manufacturing, trading and service business in other countries its subsidiaries or branches. It is a large .....

On the basis of Record Disposal Act, 2027 of government, the records can be classified as follows: 1. Permanent records The records which are preserved over a long time are called permanent records. These records can never be destroyed. Their useful .....

Home trade is the act of buying and selling goods within the boundary of the .....

Foreign trade is the act of buying and selling goods outside the boundary of the .....

The act of buying goods from foreign countries and selling them to another foreign country is called entrepot .....

The act of selling goods to a foreign country is known as the export .....

The act of buying goods from a foreign country is called import .....

Privatization is the process of transferring the ownership and control from public to private sector. It is the movement towards market economy for achieving greater productivity, efficiency and competitiveness.Public enterprises came into existence .....

A trial balance is a statement of debit & credit balance of the ledger accounts which is prepared in order to prove the arithmetical accuracy of the books of account. It is prepared after the preparation of various personal, real & nominal .....

The new accounting system has been implemented in Nepal to overcome the drawbacks of payment of accounting system. The main features of new accounting system are as follows: Based on double entry conceptThe new accounting system is based on the .....

The ledger is the second step of accounting. It is the principal book of accounts. It contains all the accounts appeared in the journal or subsidiary books. It makes a classified record of all the transactions in summarized form. It is the final .....

Receipts Simple Bank Book Payments Date Particulars JF Cash Amt Date Particulars JF Cash Amt July 1 To Balance b/d 2,50,000 July 13 By Ubin’s a/c 60,000 July 5 To Subin’s a/c 40,000 July 20 .....

The act of buying goods from the wholesaler in a large quantity and selling them in a smaller quantity of final consumers for their personal use is called retail .....

Trade is the process of exchanging goods with money for mutual benefits of the buyer and seller. It is the act of transferring the ownership of goods from the seller to the .....

The wholesale trade is the process of exchanging goods with money for mutual benefits of the buyer and seller. It is the act of transferring the ownership of goods from the seller to the .....

Construction industry is an industry which is concerned with conducting a construction work at a particular site. Construction of buildings, roads, bridges, cannels and dams are some of the examples of construction .....

Commerce refers to the act of buying, selling and distributing of goods and services. It is the process of connecting the producer of goods with their final .....

Manufacturing industry is an industry which is concerned with converting raw materials into final products. Sugar industry, cement factory, soap industry, are the some of the examples of manufacturing .....

A secondary industry is an industry which is concerned with converting raw materials into finished goods and constructing different .....

Bases of differences Journal Ledger Step Journal is the first step of the accounting cycle. Ledger is the second step of the accounting cycle. Meaning It is a primary book in which all the financial transactions are recorded in the same place. It .....

Triple Column Cash Book Date Particulars JF Cash Bank Dis Date Particulars JF Cash Bank Dis 10-01 To Capital a/c 2,50,000 10-05 By Bank a/c ‘c’ 2,00,000 10-05 To Cash a/c .....

A genetic industry is an industry which is concerned with reproducing or multiplication of different species of plants and animals. Bee- keeping, poultry farming, cattle- breeding, nurseries and animal husbandry are some of the examples of .....