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what is mean by accounts
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Answer / kolawole
Accounts is the way of keep records of money spent and recieved
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / ram
accounts is a process.
which one is involves in all business or company
transactions called accounts.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / shankar_285
accounts is mean by maintain books,p&l accounts,balance sheet, schedule etc......,
| Is This Answer Correct ? | 5 Yes | 3 No |
Answer / anchit saxena
accounting is the requirement for all of the business
entity so every business entity keeps maintain their books
of accounts on accrual basis without maintaining of
accounts we can't get a clear picture of the concern.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / riyasdeen
accounts means recording of company transaction records
like expenses and losses
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / banoj kumar swain
IT IS A STATEMS WHERE ALL THE TRAANSACTION WERE EXPLAINED
IN TERM OF DEBIT AND CREDIT
| Is This Answer Correct ? | 1 Yes | 2 No |
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The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
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