What is Accounting?

Answer Posted / sandhya poojary

Accounting is the art of recording, classifying,
summarirising in terms of money transactions and events of
financial character and interpreting the results.

Is This Answer Correct ?    25 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is 'primary deficit'?

597


What Are Accrued Revenues And When Are They Recorded?

575


What are the details required to be included in the advertisements?

584


What are your strengths and weaknesses? How will you overcome your weakness?

728


What do you know about the formula of Simple interest and Compound Interest?

675






what are the various field which one gets in to finance such as those of wealth management, investment portfolio etc? and what do such field teach us exactly?

1706


How many parties are required in promissory notes?

640


Explain Openpages Capital Modeling?

673


When one party enjoys credit facilities by more than one banks who works in coordination with each other under a formal arrangement, what is the arrangement?

631


What are the security features that are being provided to a person in the stock market?

698


Is it possible to restrict the premium payment for a lesser number of years than the duration of the policy?

603


What should I do if I do not have all the documents?

575


What is gross profit ratio? What does it indicate?

600


What are the major Challenges being faced in the Banking sector?

575


What id FDI and FII?

733