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what is account?

Answers were Sorted based on User's Feedback



what is account? ..

Answer / suresh

RECORDING DAILY TRANSACTIONS IN CRONALOGICAL ORDER IS KNOW
AS ACCOUT .

Is This Answer Correct ?    7 Yes 2 No

what is account? ..

Answer / deepa

accounting is an recarding, classifying, summarising, in a
cronological order.

Is This Answer Correct ?    6 Yes 2 No

what is account? ..

Answer / venkat

RECORDING DAILY TRANSACTIONS IN CRONALOGICAL ORDER IS KNOW
AS ACCOUT

Is This Answer Correct ?    2 Yes 0 No

what is account? ..

Answer / pandarinath d

account means summerised record of business transaction or
day to day trasaction relating to
assets,liabilties,expenses,losses,income,gains and persons.
Every account opens two pages(i.e left page and right page)
left hand side called DEBIT and right hand side called
CREDIT

Is This Answer Correct ?    2 Yes 1 No

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