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what is the accouniting
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Answer / vishnu
accounting is the art of recording,classifying and
summarizing in a significant manner and in terms of
money,transactions and events which are of financial
transaction and interpreting the results there of
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Accountancy is the process oF financial information about a
business
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Answer / dhaam
Accountancy is the process of communicating financial
information about a business entity to users such as
shareholders and managers.[1] The communication is
generally in the form of financial statements that show in
money terms the economic resources under the control of
management.
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what do u mean by Guidance
A machinery item puchase form M/s. XYZ for the cost of Rs.2,00,000/- with freight charges Rs.20,000/- and installation charges Rs.10,000/- what is the journal entry
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Audit 
