Introduction: Accounting is the pillar of every business to measure its growth, losses, revenues, capital, it really specifies the real terms in figures foam and sometimes in tables, in accounting There are certain rules are obtained to gain precision while playing with numbers. To apply all the “rules of the game” of a company we take an airline known as “Jet Airways” before we get into the nitty-gritty, here are some introductory points about this company. History:Jet Airways was founded on April 1, 1992 by Mr. Naresh Goyal and started operations a year later on May 5, 1993. Jet started its international operations from Chennai to Colombo in March 2004. The company was listed on the Bombay Stock ExchangeJet Airways, the second in India. major airline in terms of market share after Indigo Airlines based in Mumbai, known as the economic capital of India in addition to being the most extensive network in India with 3000 flights per day with 76 destinations worldwide , the main operations are managed from Mumbai but the secondary hubs are Delhi (National Capital of India) Kolkata and Bangalore, it has an international hub at Brussels Airport, Belgium. Founder and Management: Naresh Goyal, Founder Chairman of Jet Airways, India's first airline, has over 4 decades of experience in the civil aviation industry. business in 1967. Mr. Goyal started his travel business at GSA for the Lebanese international airline, himself being the chairman owning 80% of the company's shares. Currently, this airline operates with six boards of directors:1. Mr. Javed Akthar2. Mr. Iftikar Mr. Kadr3. Mr. Aman Mehta4. Mr. James Hogan5. Mr. Gaurang Shetty6. Mr. James RigneyAfter an overview of jet airlines, we now shape its ratios and figures: Accounting Principles and Standards: Accounting principles are the main consideration, some standards like operating rules are characteristic pillars of established accounting statements. Accounting principles can be presented in several ways, which sometimes creates confusion among readers, mainly beginners, but nevertheless accounting principles remain the main tool for obtaining financial statements. It maintains the entire accounting process. To be useful, it has certain characteristics such as being practical and reliable. To be reliable, it must be accurate, unbiased and verifiable and, in practice, accounting information must be comparable, prepared within a time frame, user-friendly, consistent and able to differentiate. In accounting, in addition to these characteristics, certain operational rules are obtained as follows: • How a business has matched its revenues with its expenses • When expenses constitute revenue have been reported