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Visual Basic Concepts Using the Winsock Control A WinSock control allows you to connect to a remote machine and exchange data using either the User Datagram Protocol (UDP) or the Transmission Control Protocol (TCP). Both protocols can be used to create client and server applications. Like the Timer control, the WinSock control doesn't have a visible interface at run time. Possible Uses Create a client application that collects user information before sending it to a central server. Create a server application that functions as a central collection point for data from several users. Create a "chat" application. Selecting a Protocol When using the WinSock control, the first consideration is whether to use the TCP or the UDP protocol. The major difference between the two lies in their connection state: The TCP protocol control is a connection-based protocol, and is analogous to a telephone — the user must establish a connection be...

Definition, Purpose and Terminology Introduction to Accounting Accounting deals with communicating the business activities of a firm to individuals and various sections within the firm and also to outsiders. We can say that technique of recording, process of identifying, method of measuring and language of communicating business transaction is accounting. From the above definition we ascertain that Accounting is: 1: Recording of data All business and other organization cannot keep all details in their mind so they have  to keep record of it.  They will not only record cash receive and paid also record good bought and sold. It is called recording of data. 2: Classifying and Summarizing When data is recorded it has to be sorted out so as to be most important and useful to business. This is called classifying and summarizing data. By classifying we can work out how much profit or loss is made, also show what resources owed by business. 3: Communicating information...

ACCOUNTING EQUATION For every business enterprise, the sum of the rights to the properties is equal to the sum of the properties owned.  The properties owned by a business are called assets.  The rights to the properties are called equities. Assets and equities are the basic elements of accounting.  We can express these elements by an equation known as “Accounting Equation”. Assets = Equities Or Assets = Liabilities + Owner Equity. CASH BOOK A book in which we record all the transactions relating to cash is called cashbook.  Cash received from sales of goods, services or from any other source is recorded on the debit side of the cash book while payments made for the goods / assets purchased and expenses are recorded on the credit side. Generally there are three kinds of cashbook. ·          Simple Cash Book / One Column Cash Book ·          Cash Book With Discoun...