what is mean by accounts
Answers were Sorted based on User's Feedback
Answer / kolawole
Accounts is the way of keep records of money spent and recieved
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / ram
accounts is a process.
which one is involves in all business or company
transactions called accounts.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / shankar_285
accounts is mean by maintain books,p&l accounts,balance sheet, schedule etc......,
| Is This Answer Correct ? | 5 Yes | 3 No |
Answer / anchit saxena
accounting is the requirement for all of the business
entity so every business entity keeps maintain their books
of accounts on accrual basis without maintaining of
accounts we can't get a clear picture of the concern.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / riyasdeen
accounts means recording of company transaction records
like expenses and losses
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / banoj kumar swain
IT IS A STATEMS WHERE ALL THE TRAANSACTION WERE EXPLAINED
IN TERM OF DEBIT AND CREDIT
| Is This Answer Correct ? | 1 Yes | 2 No |
What are the three major parts of accounting
Why Company maintain's books of account?
Difference between expense and expenditure ?
DEPRECIATION
how many types of accounts are there
5 Answers CitiGroup, Royal Berg,
Paid Transportation Which type of expenses these expenses
What are the functions of manger -accounts and manager-finance? Explain in detail
On monday my interview in TCS as an general accounts executive some one tell me about there process its realy urgnet for me how may process of interview i want to passout for selection and which type of question i will face at the time of intervew its urgnet for me please guide me for succuessful interview its realy needful for me my question is any one having aptitude test paper sample
journal entries.. 1. sold goods for cash $2500 2. sold goods for $5000 on credit 3. received from customer 4. paid creditors $5000
Reconciliation a/c in SAPM ERP
2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.
Purchases book records: (a) All cash purchases. (b) All credit purchases. (c) Credit purchases of goods in trade. (d) None of the above.