WHAT IS THE MEANING OF ACCOUNTING
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Answer / abhinav ratna
Accounting is art of recording classifing and summarising
of the financial records and interpreting the results
thereof. it provides the quantative information primarily
financial in nature about the economic entities activity.
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Answer / abdul hassan
accounting is systematics and presentation and financiaql
activities of the business entrepreneur
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Answer / arun chauhan
Accounting is the process of recording the transaction in a systematic and scientific manner only for those transactions which can me measured in terms of money
Systematic manner means within proper format as described by the accounting standard.
Scientific manner means if you are going to purchase a thing and it takes 1 hr for final transaction then you should record the transaction with final amt not the whole bargaining.
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