what is accounting
Answers were Sorted based on User's Feedback
Answer / narasimha rao
ACCOUNTING IS THE ART OF COLLECTION RECORDING CLASIFYING
AND SUMMARISING THE FINANCIAL DATA IN SIGNIFICANT MANNER
AND IN TERMS OF MONEY
Is This Answer Correct ? | 9 Yes | 0 No |
Answer / phani
ACCOUNTING IS an ART OF RECORDING, CLASsIFiYING
AND SUMMARISING in a SIGNIFICANT MANNER and transactions
and events which are in a part at least, financial character
interpriting the results there of.
As per icai.org
Is This Answer Correct ? | 5 Yes | 0 No |
Answer / 25.02.09
ACCOUNT IS SUMMERISED RECORD OF BUSNESS TRANSECTION
RELATING TO PERSON,PROPERTY,GAIN,INCOME,LOSSES ETC.
Is This Answer Correct ? | 3 Yes | 0 No |
what are the payroll procedures?
Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?
what the course to be necessary after Graduation for professionl Accountant
Difference between Wages and Expense?
Expand----------CPC
3. You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
What type of report and accounts should a company prepare?
How to enter every month employees salaries in P&L a/c and why we use JOURNAL VOUCHER for salaries?
Difference between a pay-order and draft?
A PARTNERSHIP FIRM HAVE TAKEN LOAN FORM BANK THEN WHAT IS THE ENTRY OF LOAN IN FIRMS ACCOUNT .
What is GAAP ?
I am a student of ICWAI (Intermediate). I looking for some information about Rayalty and Hire Purchase.