what are the difference between bookkeeping and accounting ?
- 3 Answers
- 6437 Views
- I also Faced
- E-Mail Answers
Answer Posted / shiak mohammed
Book keeping is only the recording of financial data that a
firm or organisation incurrs on a daily basis, it doesnt
give net financial position of a firm or organisation at a
particular point of time.
Whereas accounting is a system where organisation both
records and has the net result of the financial activities
during the accounting year.
| Is This Answer Correct ? | 17 Yes | 4 No |
Post New Answer View All Answers
we can add the no. of increase in shares due to exercise of options,convertible debentures,warrants etc.Why diluted eps is calculated separately?
What is the rate of basic excise duty and specific duty And I want to know that how can I see that vat rate in up ,excise duty and tds details Please tell me site plese
plz send me the accounting questions and answers of bank of america.
EXPAND___________IMF
what is absorbtion coasting?
how to prepare HSD statements in tally
Q A project cost Rs.6,00,000. It yields annually a profit of Rs.80,000. After depreciation of 12.5% p.a.but before tax of 50%.Calculate payback priod.
Clasify capital
Expand--------CMTS
How can we display last five years sales in tally
can payorder be issued for outstation?if yes then how?should it be account payee?
capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)
What is combination?
what is audit mean? what is vouching? how to finalize the account? what is the meaning of + cast < as per last year auditor’s a/c ^ as per ledger JV journal voucher PV payment voucher AJV authorised journal voucher APV authorised journal voucher RV receiving voucher PCV petty cash voucher CPV cash payment voucher DN debit note DO delivery order PO purchases order CN credit note PS policy schedule RPS renewal policy schedule B bill Cx cross check nCx cannot cross check CB cash bill L list/letter SRF stock requisition form R report OR office report INV invoice DS deposit slip AB assessment bill Re receipt ECF entertainment claim form ATRF air ticket requisition form
can u let me know how the bankers calculate interest on O.D.account
