what is accounting

Answer Posted / kavita kale

Accounting is summarised record of all the transaction relating to particular person, property, expenses and income........

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?

1560


What are the 4 types of ppe?

709


Explain what is double-entry accounting? Explain with an example?

651


I TRANSFERRED A STOCK OF RS. 100.00 FROM HEAD OFFICE DELHI TO MFG. UNIT OFFICE AT HARYANA AGST FORM F.AT BRANCH GOODS ARE PROCESSED AND ADDED VALUE OF RS. 80.00 AND TRNF BACK TO DELHI HEAD OFFICE FOR RS. 180.00 AGST FORM F FROM HARYANA . AND HEAD OFFICE SOLD THIS TO PARTY AT RS. 200.00 . I WANT TO KNOW HOW TO MAKE ACCOUNTING ENTRIES IN BOTH BOOKS HEAD OFFICE AND BRANCH OFFICE. TO SETTEL ACCOUNT AND TO CONSOLIDATE THE BOOKS AT THE END OF YEAR.

1505


Why did you select accounting as your profession?

600






Plant and machinery destroyed for 50000

1105


If balancing account is not assigned to company & is assigned to department wat will be the effects

1572


What is an over accrual?

621


Did you use accounting applications at your previous companies or prefer working manually??

609


What else ? This is the question asked to me every where every time while facing interview. I want to know is this a real question for accounting? If yes haw or if no How? I am really confuse.

1434


What is the difference between trial balance and general ledger?

626


PROVIDENT FUND TO BE CALCULATED ON BASIC AFTER DEDUCTION OF ABSENTS (LOP)

1566


What elements of your job do you find most difficult?

6301


can any one tell what is the selection proces in cognizant for MBA finance

6526


What is icai?

701