Frequently Asked Questions
Question 1: State any three financial statements needed for all of the profit entities?
Answer: Standard cash flow statements divide into the following parts:
Question 2: Why should I opt for online Accounts classes at SSSi rather than class 12 Accounts coaching classes near me?
Answer: Coaching classes are conducted in groups or batches, which affect the student's individual academic growth. Furthermore, in the case of home tuitions, students won't get a noise-free learning environment, which hampers their learning process.
Especially amid the pandemic, where one follows the protocol of social distancing to stay safe. Students choosing our online services get a focused learning environment at pocket-friendly prices. Additionally, you get high tech performance assessment tools to uplift your academic scoreboard.
Question 3: What are the commodities presented in expenditure and income accounts?
Answer: In the accounts, expenses are presented on the debit side, and income is presented on the credit side. It is the brief of all the commodities of expenses and income concerning the current accounting year.
Question 4: Can I get a FREE online session?
Answer: Yes, you can book a free session with an expert. For that, you have to register with us through your email id. Then, our customer support team will contact you and provide you with details concerning the free online session. If you like our services, then you can enrol for our live Accounts classes for class 12. Moreover, you can check our services in other subjects such as class 12 English or class 12 Maths.
Question 5: What are the benefits of an Income and Expenditure account?
Answer: It assists in several ways such as:
Details relating to revenues
Including records and recent trends
Deciding the course of future actions