WHAT IS THIS ACCOUNT
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Answer / moin
Acconut is a art of record
there are 3 golden principle of accounts they are
1. Personal a/c: debit credit
the receiver the giver
2. Real a/c : what comes in what goes out
3. Nominal a/c : expenses & losses incomes & gains
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / usha
Account is summarized statement of debit and credit
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sami
account is an information system it is a process of
identifying measuring and recording of transactions
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / nagari sanjay
account is a consolidated statement of picture of all the
business transaction ralating to the business.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / bijay parida
Accounting is an art of recording,classifing and
summarising the systematic manner
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / jay kumar
Account is a summerizing the business transactions. it is
an art of specificing assets, liabilities, payement items,
income items.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / arun kumar gupta
Accounting is a method of recording, summarising,
Classfying and interpretation of financial data.
There are three type of accounts
Personal--Related to name of any Person, Firm, Co. etc.
Real---Related to Assets & Liabilities as plant Building
Capital etc.
Nominal----Related to expenses & revenue as salary, Rent,
Commission etc.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / vamsi
It is a systematic recording of all the transactions that
are takes place in a business for a particular period of
time i.e,annual period of time.
showing the profit&losses,income and expenditure of a
business.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sonali
There are 3 diff. types of accounts: Personal, Real and
Nominal.
The word account is used in various ways.
Eg: Person opening a saving accnt in a bank.
A retailer opens an account with wholeseller and vise versa.
A firm maintainig various accounts: cash accnt, P/L accnt ,
trading a/c etc.
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / parusharamudu
account is a statement which is setting out for a
particular period and all the business transactions are
related to a person or any other subject and benefits
receied being on one side and benefits given being on other
side .
| Is This Answer Correct ? | 0 Yes | 2 No |
Gross salary is 762000, PF deducted 38000, ESI deducted 6700, TDS deducted 6000, Advance deducted from staff 12000, net salary sent to bank 699300. How do we enter journal in Tally 7.2
how to see monthly entries in tally7.2
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Audit 
