CommerceNovember 10, 2020 2021-01-28 10:45
The main purpose of commerce education is to provide knowledge about the commerce and to prepare the student for vocational competency including training and development of skill. Commerce education is useful for the students to understand the various aspects of changing of the ownership of goods and to know about the various aids which facilitate the central process of exchange. Commerce education is aimed at giving adequate knowledge about the wholesale trade, retail, export trade, import trade and entire-port trade. More-over it provides some knowledge about the movement of goods etc., Transport, Communication Insurance, Ware-housing, Money, Banking & Finance and Mercantile Agencies.
The main purpose of teaching Accountancy is to make the students understand the importance of book keeping its need and accuracy, neatness, orderliness, responsibility, honesty etc. This helps the students to know how to prepare and interprets simple financial statements and reports. It aids the students can understanding the posting of business transactions in the various forms of Accounts books such as journal, ledger, and other subsidiaries books etc. The commerce education helps the students to draw conclusion about the financial position of the organizations.