Answer / guest

accounting is an art of recoding,classifying and
summarizing in a significantmanner and in terms of
money,transactions and events and interpretting the results
thereof.

Answer / kiran

Accounting is the analysis and interpretation of
book-keeping records. It includes not only the maintenance
of accounting records but also the preparation of financial
and economic information which involves the measurement of
transactions and other events relating to the entity.

In simple words we can say that-

accounting is an art.......
of recording, classifying and summarizing.........
in terms of money......
transactions and events of financial nature and
interpreting the results thereof.

Answer / kavita kale

Accounting is summarised record of all the transaction relating to particular person, property, expenses and income........

What is depreciation and how many types are there. Please give details?

0 Answers  

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What is the meaning of Journal Voucher? when u have to use this transaction tell me breif?

4 Answers  

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what is depreciation ? and its entries ?

8 Answers   Genpact, HC, HCL, HP, TCS,

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X is multiplied with 10 or divide with 10 then he will get 100. then x=?. (Praveen MBA)

3 Answers  

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What the entry for Accumulated Deprecition??

5 Answers   Genpact, GI Security,

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hello please anyone can help me, how to prepare the bank reconciliation statement?

1 Answers   Essemtec AG,

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difference between loans & advances

2 Answers  

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What Does Hedgelet Mean?

1 Answers   Deloitte,

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discuss depreciation and types of depreciation

2 Answers  

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If We Paid For Advertising Exp To XYZ Co,which Voucher It Entered?

4 Answers  

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if current ratio=2.5 : 1 liquid ratio= 1:1 closing stock=rs 45000 calculate current assets current liabilities liquid assets

1 Answers  

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jv vouchers for salaries entries which reflect j.v's

1 Answers   Coslight, Genpact, HCL,

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