what is accounting
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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.
| Is This Answer Correct ? | 19 Yes | 0 No |
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.
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / kavita kale
Accounting is summarised record of all the transaction relating to particular person, property, expenses and income........
| Is This Answer Correct ? | 1 Yes | 0 No |
Company ABC split 1:3 on March 31, 2009 and split 3:1 on March 31, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 3000 $75.00 April 23, 2009 $72.00 2300 $72.00 March 31, 2009 $67.00 999 $ March 31, 2008 $275.00 300 $91.66 November 30, 2007 $233.00 6800 $77.66 October 6, 2006 $1,333.00 13000 $444.33
Explain the meaning of long-term notes payable is or long term liabilities?
Fundamental accounting assumptions are (a) Materiality. (b) Business entity. (c) Going concern. (d) Dual aspect
why we are considering the net profit as liable in balance sheet
Journal entry for Salary paid 100000/- in which (1)pf (2)esi (3) professional tax included
Bank Reconciliation
Do you know what is balance sheet?
What determines Capital flow across the countries?
What are the types of liabilities accounts?
What elements of your job interest you the most, and least?
1 Answers Insurance, Pharmaceutical, Sahajanand, Taikisha,
process for creating a balance sheet
Can any one tell me about Accounting Software, which Accounting software is useful for my studies ?
Audit 
