Answer / guest

accounting is an art of recoding,classifying and
summarizing in a significantmanner and in terms of
money,transactions and events and interpretting the results
thereof.

Answer / kiran

Accounting is the analysis and interpretation of
book-keeping records. It includes not only the maintenance
of accounting records but also the preparation of financial
and economic information which involves the measurement of
transactions and other events relating to the entity.

In simple words we can say that-

accounting is an art.......
of recording, classifying and summarizing.........
in terms of money......
transactions and events of financial nature and
interpreting the results thereof.

Answer / kavita kale

Accounting is summarised record of all the transaction relating to particular person, property, expenses and income........

Credit balance of suspense A/c will be shown in

1 Answers  

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How many accounting standards are currently published?

0 Answers  

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what is the difference between accrued and due

1 Answers  

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what is invoice

1 Answers   TATA,

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Differentiate between equity and stock.

1 Answers  

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I need to know when you buy a asset on credit and your monthly instalment is $10000 in the books where and how do you record the outstanding liability the interest and the capital instalments.Secondly the deposit that you receive which you should still send back to the tenat where in the books do you record for entry and the contra entry.

1 Answers  

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Tell me what are the activities that includes in cash flow statement?

0 Answers  

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journal entry for commission received

1 Answers  

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I want to be an accountant so what so i do for been a good accountant...please tell me as soon as possible

3 Answers  

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Please let me have the detailed answer about journal entry in tally and difference between sales and journal entry.

2 Answers  

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What is Trading Account? What is the significance of this account?

2 Answers  

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bank jobs

0 Answers   Canara Bank,

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