Interested to Buy Any Domain ? << Click Here >> for more details...
What is Account?
- 2 Answers
- 5166 Views
- FIC, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / chandu
account is the summery of business transaction after classifying them into debit and credit.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / t.r.n. sivakumar
Account is a financial record of business transactions in
which maintain according to the principle of double entry.
It also implies that every debit has an equal credit and
every credit has an equal debit. It has two sides in which
classified into debit and credit. On left hand side of the
accont is called as debit side and right hand side of the
account is called as credit side. On debit side of account
use 'To' and credit side of account 'By'.
| Is This Answer Correct ? | 1 Yes | 0 No |
why Balance sheet tally, why the Liabilities and Assets will always equal.(for a business man how does it helpful, if liabilities and assets are equal)????? Hope I will get the accurate answer Thanks in Advance.
what is the MIS Reports
WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?
what is accountig methods?
What is cash profit? how can we calcute?
define current assets? asked on 30/7/09
What is Bank Reconcilation Statement?
13 Answers First Midwest Bank, IBM,
scooter fuel is under conveyance and car fuel is under car running & maintenance exp.. Is that right
what is diffarant tds and incometex.
What is the significance of the function y = a + bx?
Rent paid rs 2000 in Jan and feb 2009. What will the entry in Feb 1st 2009.
whatis mean by accured income?
Audit 
