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what is accounts?

Answers were Sorted based on User's Feedback



what is accounts?..

Answer / gangadhar

what is accounting





Accounting means the art of recording, classifying and
summarizing business transaction.

Is This Answer Correct ?    11 Yes 0 No

what is accounts?..

Answer / vinay kumar

Account is a summerised statement of debit and credit.There
are two parts for every account.The left hand side of the
part is called "debit side" and the right hand side of the
part is known as "credit side".

Is This Answer Correct ?    9 Yes 2 No

what is accounts?..

Answer / bhavya

Accounts is the art of recording , classifying and
summarising the business transactions in the terms of money
and money events atleast in a part of a financial characters

Is This Answer Correct ?    4 Yes 0 No

what is accounts?..

Answer / guest

it is a system of book keeping. in this we maintain day to
day business transaction.

Is This Answer Correct ?    6 Yes 3 No

what is accounts?..

Answer / shamim khan

Accuont are records of assets , liabilities, incomes and
expenses.

Is This Answer Correct ?    1 Yes 0 No

what is accounts?..

Answer / sampath

accounting is summersing & classiffing Recording

Is This Answer Correct ?    0 Yes 0 No

what is accounts?..

Answer / buddhpal

Accounts is an art of recording, classifying and
transaction and reporting of transaction with the other
party

Is This Answer Correct ?    0 Yes 0 No

what is accounts?..

Answer / sravan

ACCOUNTS IS THE COLLECTION MEASURENCE RECORDIND AND
CLASSIFICATION AND COMUNICATION OFECONANIC DATA RELATING TO
ENTERPRICE FOR THE PURPOSE OF REPORTING AND DISSION MAKING OF

THE CONTRLE

Is This Answer Correct ?    0 Yes 0 No

what is accounts?..

Answer / k. madhusudhan reddy

Financial records of an organization that register all
financial transactions, and must be kept at its principal
office or place of business.

Is This Answer Correct ?    0 Yes 0 No

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More Accounting General Interview Questions

1. If i receive one invoice from our contractor on 01.08.10 , but the invoice date 30.07.10. My question is in what date i should take into account this transcation (i.e 30.07. Or 01.08.10) 2. If i receive a cheque from our customer on 30.08.10 but its not possible to deposit in the same date, because of closing of bank hours, it is possible only to deposit the cheque on next day only. In this case which date i should taken for account the transcation.

3 Answers  


what is fund flow statement??

2 Answers   Siemens,


when re ordring quantity is 300 unit.minimum usage is 20unit minimum lead time is 5 days , maximum stock 400 unit , re - ordering will be: 1)300 unit 2)200 unit 3)400 unit 4)100 unit

2 Answers  


WHAT ARE THE LIMITATIONS FACING ACCOUNT CONCEPTS AND CONVENTIONS?

0 Answers  


Where we post the Amalgamation of goodwill

1 Answers  


If we started new project of Housing with Construction linked payment plan . How can booked our revenue or Sales .

0 Answers  


how will decide that vender payment is ok without reco

0 Answers   VSI,


what is the difference between expenses(indirect) and indirect expenses?

4 Answers  


What is suspence a\c? why it should not transferred to the balance sheet?

4 Answers  


when & how interest on unsecured loan is calculated?

0 Answers  


What is Deferred income what is the difference between accrued income how it will effect on Financial statement

1 Answers   Cap Gemini,


how to select afile in window vista

1 Answers  


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