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Online scamming is one of the top ways used by cybercriminals to conduct various illicit activities like stealing sensitive information, implanting malware in the system, identity theft, and much more.In this post, we would know about the top ways of Scamming used by cyber attackers to lure people.Phishing EmailsPhishing is the most used scamming method of all time. In fact, Phishing is responsible for onethird of the total scams conducted. In Phishing, the users are allure by sending emails of fake offers and gifts. They are asked to click on the malicious links or provided private information like address, bank ... Read More
Rootkits are one of the most dangerous malicious programs a computer can get infected with. They are designed in such a way that they can easily remain hidden deep into the system, remain active, and perform malicious tasks. Since it is hidden deep into the system files, it becomes challenging for the security programs to detect it.Rootkits contain numerous malicious codes and hacking tools that allow cyber attackers to conduct various illicit tasks such as taking remote control of the PC, steal online passwords, credit card details, and more.Rootkits are not a single type. Based on their behavior and intent, ... Read More
Whenever someone hears about hacking, the general perception is some cybercriminals illegally infiltrated a system, network, or account to conduct illicit activities. However, that is not always the case. Hacking is not always conducted with the intention of causing harm. Many times programmers need to perform hacking to improve IT security. Such hacking, which is performed for security purposes, is known as Ethical Hacking. While the hacking performed with the intention of causing troubles is known as Unethical or Black Hat Hacking or simply Hacking.In this post, we would discuss in detail about Ethical and Unethical Hacking.Types of HackersBefore discussing Ethical ... Read More
With the ever-growing cybercrimes, it is almost inevitable to stop malware attacks on your smart gadgets manually. For a total safeguard of your device, it is essential to keep it equipped with a robust security solution such as an Antivirus. Whether you own a Windows device, Android, macOS, or iOS, antivirus is required on all.When you search on the internet for a robust antivirus, you will see hundreds of antivirus developers claiming that their antivirus program is the best. With such a large number of options, it becomes difficult to choose an Antivirus solution that would be perfect for your ... Read More
With the evolution of the internet, cybercriminals and scammers have also adapted themselves and created several ways to manipulate users and scamming them. Unfortunately, they have got so much advanced that it has become challenging to detect a scam.In this post, we would list out the types of internet scams that are widely spread and ways to avoid them.Common types of Online ScamsThough cybercriminals have developed thousands of ways to perform scams on users, below listed are the most popular types of online scams −Tech Support ScamsTech Support scams are one of the oldest form of scams. Previously it was ... Read More
Tkinter provides a way to bind the widget to perform certain operations. These operations are defined in a function that can be called by a particular widget. The bind(, function()) method is used to bind the keyboard key to handle such operations. We can also bind a particular key to handle certain events for the button widget.Example#Import tkinter library from tkinter import * from tkinter import ttk #Create an instance of Tkinter frame or window win = Tk() #Set the geometry of tkinter frame win.geometry("750x250") def callback(): Label(win, text="Hello World!", font=('Georgia 20 bold')).pack(pady=4) #Create a Label ... Read More
Refer the data given below −Name of accountAmount (in rupees)Name of accountAmount (in rupees)Cash in hand18500Supplies2500Accounts receivable5500Revenue fee18000Accounts payable2000Note payable8500Revenue (unearned)1500Common stock9000Furniture and fitting5000Machinery7500SolutionGiven below is the trial balance by using balances method − ABC ltd 28/02/2001Sr.NoAccount titleLedger folioBalancedebitCredit1Cash 18500 2Supplies 2500 3Account receivables 5500 4Revenue (Fee) 180005Account Payable 20006Note payable 85007Unearned revenue 15008Common stock 90009Furniture and fitting 5000 10Machinery 7500 Total39003900
This is the most commonly used method for preparing a trial balance. In this method, closing balances are tabulated in two separate statements. All the credit balances are recorded in the credit column and all the debit balances are recorded in the debit column. Both balances are then tallied.FormatThe format to prepare a trial balance is as follows −Title DD/MM/YYYYAccount numberAccount titleLedger folioBalancedebitCredit Total Here, Title − Name of the company.DD/MM/YYYY − Trial balance prepared Date, Month and Year.Sl. No − Ledger account number (serial numbers).Name of account − Full account name of ledger account.Ledger folio − Page number of ledger balance of accounts.Debit − ... Read More
The format of trial balance is as follows −Title DD/MM/YYYYAccount numberAccount titleLedger folioBalancedebitCredit Here, Title − Name of the company.DD/MM/YYYY − Trial balance prepared Date, Month and Year.Account number − Ledger account (serial numbers).Account title − Full account name of ledger account.Ledger folio − Page number of ledger balance of accounts.Debit − Debit balance.Credit − Credit balance.Balances records in the debit column includes the following −Assets − Trademarks, goodwill, stock, accounts receivables, land, leasehold property, building, investments, furniture etc.Expenses − Rent, bad debt expenses, advertisement, salary, discount, depreciation, commission, repairs, interest etc.Prepaid expenses − Insurance (prepaid), salary in advance, rent (prepaid) etc.Accrued income − Interests on accrued on ... Read More
Trial balance records and categorizes all the ledger balances into debit and credit in a particular period.ObjectivesThe objectives of trial balances are explained below −Arithmetical accuracyArithmetical accuracy of transactions is provided, if trial balance is balanced. If it is not balanced, there may be some error and need for rectification.Error rectificationError rectification in trial balance refers to the following −Postings in various ledger accounts are checked and also their appearances are verified.Subsidiary books are checked.Opening balances are checked and necessary corrections (if any) are made.If the balances are still not balanced, repeat the process.SummarisationTrial balance summarises ledger accounts.Final accountsWithout trial ... Read More