WHAT IS THIS ACCOUNT
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Answer / moin
Acconut is a art of record
there are 3 golden principle of accounts they are
1. Personal a/c: debit credit
the receiver the giver
2. Real a/c : what comes in what goes out
3. Nominal a/c : expenses & losses incomes & gains
Is This Answer Correct ? | 4 Yes | 1 No |
Answer / usha
Account is summarized statement of debit and credit
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sami
account is an information system it is a process of
identifying measuring and recording of transactions
Is This Answer Correct ? | 3 Yes | 1 No |
Answer / nagari sanjay
account is a consolidated statement of picture of all the
business transaction ralating to the business.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / bijay parida
Accounting is an art of recording,classifing and
summarising the systematic manner
Is This Answer Correct ? | 2 Yes | 1 No |
Answer / jay kumar
Account is a summerizing the business transactions. it is
an art of specificing assets, liabilities, payement items,
income items.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / arun kumar gupta
Accounting is a method of recording, summarising,
Classfying and interpretation of financial data.
There are three type of accounts
Personal--Related to name of any Person, Firm, Co. etc.
Real---Related to Assets & Liabilities as plant Building
Capital etc.
Nominal----Related to expenses & revenue as salary, Rent,
Commission etc.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / vamsi
It is a systematic recording of all the transactions that
are takes place in a business for a particular period of
time i.e,annual period of time.
showing the profit&losses,income and expenditure of a
business.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sonali
There are 3 diff. types of accounts: Personal, Real and
Nominal.
The word account is used in various ways.
Eg: Person opening a saving accnt in a bank.
A retailer opens an account with wholeseller and vise versa.
A firm maintainig various accounts: cash accnt, P/L accnt ,
trading a/c etc.
Is This Answer Correct ? | 2 Yes | 2 No |
Answer / parusharamudu
account is a statement which is setting out for a
particular period and all the business transactions are
related to a person or any other subject and benefits
receied being on one side and benefits given being on other
side .
Is This Answer Correct ? | 0 Yes | 2 No |
What is corporate restructuring?
comen test paper for accounts
EXPAND___________MDS
If i have a company in India doing purchase from Shrilanka, If i buy in Shrilankan local currency and make the payments in Indian Currency At the end of year how shall i settle the difference Exchange money in Books of Accounts.
what is Calculation of closing Stock?
expand --------CCI
the following figures given to you: 2008-09 Sales Rs.100000 Loss 10000. 2009-10 Sales Rs.250000 Profit 20000 Calculate: P/V Ratio, BEP, Sales to make a profit of Rs.40000, Margin of safety at at profit of Rs.2000
What is BMP in IMS?
Where will Contingent liability appears? And why it is not appear in Balance sheet?
What is ASAP methodology
what is a Depository Participant?
expand D I N