what is the account \
what is the account payable
what is the account receible
what is the internal adit
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Answer / pandyalpa
1.A record or narrative description of past events.
2.A liability account showing how much is owed for goods
and services purchased on credit.
3.Owed and payable immediately or on demand or payment is
due.
4.method to judge internal transaction of the firm
| Is This Answer Correct ? | 17 Yes | 2 No |
Answer / .
account is the art recording transactions in the books of
accounts.
amount which is an due to payable to suppliers.
which is amount due to receivable from debtors.
internal audit is an audit the financial statements will
audit by internal auditor.
| Is This Answer Correct ? | 11 Yes | 0 No |
Answer / chnati
1.A record or narrative description of past events.
2.A liability account showing how much is owed for goods
and services purchased on credit.
3.Owed and payable immediately or on demand or payment is
due.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / asharani
account is a idetifiying, messuring, recording, classifiying and analysing.
from whom goods were purchased on credit or services rendered on credit is called account payable.
To whom goods were sold on credit or services rendered on credit is called account receivable.
every organisation having this internal audit it means before giving company balance sheet for auditing to any charterred accountant ,the company's finance department will audit every transaction is called internal audit.
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / kishore
Account: Accounts means a summary of bisiness transactions.
| Is This Answer Correct ? | 7 Yes | 6 No |
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