what is the basic function of accounting?
Answers were Sorted based on User's Feedback
Basic Functions of Accounting are:
1. Recording/Book keeping
2. Classification
3. summarizing
4. Interpreting
Is This Answer Correct ? | 12 Yes | 0 No |
Answer / e. sivakumar
keep it safe , secure & systamatic manner all books of
records of business transactions.
Is This Answer Correct ? | 3 Yes | 1 No |
I know that rate of stock turnover = cost of goods sold/ average of stock. average of stock = (opening stock + closing stock)/ 2 what happens if it is a new business with no opening stock? do u take closing stock/2 or simply just take closing stock as the average stock figure?
Why we do show Closing Stock in under Trial Balance & not in Trial Balance
which kind of expenses or Income will come under direct expenses or Income ?
When does services tax liability arise? Is the liability on the recipient or the payer? What is the general rate of ST applicable?
what is mba tell me the more benefits in mba
Expand-------RGD
expand A P S E B
what are the basic accounting entreis ?
WHAT IS CALL OPTION
What do you mean by Del Credere Commission
what do u mean by audit?
Entry for prepaid expenses?
19 Answers Genpact, Insurance, Wipro,