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what is accounts?

Answers were Sorted based on User's Feedback



what is accounts?..

Answer / meenakshirani

Accounts is an art of recording,classifying and
summarizing and reporting transaction of a firm to another
firm.

Is This Answer Correct ?    6 Yes 0 No

what is accounts?..

Answer / gautam verma

Account is source of data collection by which all transaction
is maintained systemically so that if any dispute is created
by any person,firm,society,company etc. that can be solved
easily in future on the basis of Account. we can say so
Account is part & parcel of present commercial era.there is
no such any enterprises that would be unattached with it's
benefit.

Is This Answer Correct ?    2 Yes 0 No

what is accounts?..

Answer / sampathmist

it is business language

Is This Answer Correct ?    0 Yes 0 No

what is accounts?..

Answer / rakesh jangid

accounts is busseness book is in there we write all expesness and income and also profit and loss

Is This Answer Correct ?    0 Yes 0 No

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More Accounting General Interview Questions

Explain me by saying, perpetual or periodic inventory system; what do we mean?

0 Answers  


Why some asset accounts have a credit balance?

0 Answers  


Tell me in which account does the unpresented cheque will get recorded?

0 Answers  


i have pay to 250000 excise duty so i ask to all how can maintain entry in tally ?

0 Answers  


Rent received in advance journal entry

4 Answers   Cognizant,


pass journal entries of the following transaction in the books of AG sindh, AGPR,FTO and SBP: 1)DDo sindh house submitted a bill for purchase of furniture to AGPR islamabad for Rs.200000 on 20th March 09; 2)AGPR issued cheque on 2nd april which was cleared by SBP on 5th April; 3)On 26th may, voucher were exchanged in the clearing house; 4)On 28th May, AG sindh issued advise to settlement to SBP karachi; 5)On 5th june,SBP HQ karachi sends a copy of clearnce memo along with bank statement to AG sindh and AGPR for settlement made on 31st May.

0 Answers  


what is contra entry . plz explain with example.

6 Answers   KOMA,


What are mis reports?

0 Answers  


What is capital?

8 Answers  


how to hand ell c.c. limit for comaney but sales is low

1 Answers  


What is Form D2 and which Purpose we use that Form

8 Answers   Citi Bank, Euro Power Tech, Matrix,


WHAT IS MIS REPORT IN ACCOUNTS ? WHAT IS ITS USE IN ACCOUNTS & GIVE WITH AN EXAMPLE ?

0 Answers  


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