what is the difference between accounts and finance ?
Answer Posted / mohammed
ACCOUNT is the detailed record of a particular asset,
liability, owners' equity, revenue or expense.
FINANCIAL ACCOUNTING is the area of accounting concerned
with reporting financial information to interested external
parties
| Is This Answer Correct ? | 15 Yes | 0 No |
Post New Answer View All Answers
What is the dual aspect concept?
How Can We Differ Horizental & Vertical Balace Sheet? Explain.
what will be the treatment of preliminery expenses if due to preliminary expenses being written off there results a loss?
Hi, in Vendor Master i put in defualt data material in purchasing group in sap. now i want to report or list only purchasing group wise vendor only like subcontractor vendor list only how to get this?
example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.
export sales contract and domestic sales contract? india's trade in commercial services?
why creditors a/c dr. to discount received a/c ?
Do you know balancing in accounting?
HELLO FRIENDS I WANTED TO THAT IS DUPLICATE KEY MAKING CHARGE IS UNDER THE HEAD OF GENERAL EXPENSES
could i know how to accounting lease intrest ?
sir, I wanted to know what is the difference between cash and cheque payment in terms of tax.
How to make privision in SAP. (Please revert on the possibility of making this happen at PO Stage)
What is customer account?
What is Prepaid Entry
Can u please send me a set of accounting base questoin with answer,genraly ask by interviewer?