what is accounts?

Answers were Sorted based on User's Feedback



what is accounts?..

Answer / gangadhar

what is accounting





Accounting means the art of recording, classifying and
summarizing business transaction.

Is This Answer Correct ?    11 Yes 0 No

what is accounts?..

Answer / vinay kumar

Account is a summerised statement of debit and credit.There
are two parts for every account.The left hand side of the
part is called "debit side" and the right hand side of the
part is known as "credit side".

Is This Answer Correct ?    9 Yes 2 No

what is accounts?..

Answer / bhavya

Accounts is the art of recording , classifying and
summarising the business transactions in the terms of money
and money events atleast in a part of a financial characters

Is This Answer Correct ?    4 Yes 0 No

what is accounts?..

Answer / guest

it is a system of book keeping. in this we maintain day to
day business transaction.

Is This Answer Correct ?    6 Yes 3 No

what is accounts?..

Answer / shamim khan

Accuont are records of assets , liabilities, incomes and
expenses.

Is This Answer Correct ?    1 Yes 0 No

what is accounts?..

Answer / sampath

accounting is summersing & classiffing Recording

Is This Answer Correct ?    0 Yes 0 No

what is accounts?..

Answer / buddhpal

Accounts is an art of recording, classifying and
transaction and reporting of transaction with the other
party

Is This Answer Correct ?    0 Yes 0 No

what is accounts?..

Answer / sravan

ACCOUNTS IS THE COLLECTION MEASURENCE RECORDIND AND
CLASSIFICATION AND COMUNICATION OFECONANIC DATA RELATING TO
ENTERPRICE FOR THE PURPOSE OF REPORTING AND DISSION MAKING OF

THE CONTRLE

Is This Answer Correct ?    0 Yes 0 No

what is accounts?..

Answer / k. madhusudhan reddy

Financial records of an organization that register all
financial transactions, and must be kept at its principal
office or place of business.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting General Interview Questions

Can somebody please tell that what will be the accounting entry from auditor's point of view, If a company receive a bill of Rs. 12000 for AMC of Software for the period from 01.08.2014 to 01.08.2015. bill dated 01.05.2015, Can somebody please tell that what will be the accounting entry from auditor's point of view, If a company receive a bill of Rs. 12000 for AMC of Software for the period from 01.08.2014 to 01.08.2015. bill dated 01.05.2015, what will be entry pass in 01.05.2015 in tally

4 Answers   Nubis,


what is valuation code and valuation modifier in sap fico

0 Answers   ABC,


Tell us what do you believe should be an important quality of an account executive?

0 Answers  


Wages posted twice what is the entry for that?

2 Answers  


What is Venture Capital ?

10 Answers  






What is Current Assets minus current Liabilities?

22 Answers   Capital IQ, Core Logic, FIC,


In which we will use Annuity depreciation method?

1 Answers  


what TYPE OF INVOICE SHOULD RAISE TO C&F agent ?

0 Answers  


Mention the types of accounts involved in double entry book-keeping?

0 Answers  


What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?

0 Answers  


What is purchase returns accounting

0 Answers  


Mr.X working in an organization,He as taken to salary advance 10,000 on 15/1/2016.He total salary payed on 30,000 5/2/2016?

3 Answers   IBM,


Categories