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tell me about accounting
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Answer / ashid puzhakkal, m.com.,b.ed.
According to AICPA, "accounting is the art of recording,
classifying, and summarising in a significant manner, and
in terms of money, transactions and events which in part
atleast of a financial character and interpreting the
results thereof"
In simple, accounting is the language of business
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / laxman
Accounting is an art of recording,classifying,summarising
the financial information of the company in the given
period of time.
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / sonali
Accounting is a process of recording day to day business
transactions in a systematic manner.
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / kiran kumar
Accounting is the Blood of the Business and Accountant is a
watch dog. Only Accountant has no sleeping hours as He has
to watch every moment of the business for 24 hours.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / ami
As per my view Accounting is an art of recording ,
maintaining and summarizing companies datas . Accounting is
the process to show company finacial condition through
Profit and loss A/c and Balance sheet.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / gokul
Accountig is a language of business.As a primery aim of a
language is to serve as a means of communication,accounting
is to communicate business information.The objective of
accounting is to provide information which is useful for
person inside the organisation and for person or groups
ouutside the organisation.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / naresh rana
Accounting is a language of business and it is process of R2R
Recording
Classifying
Summarising
Analysing
Interpreting
Reporting in this systematic manner
| Is This Answer Correct ? | 0 Yes | 0 No |
EXPAND___________IMF
what is the journal entry for accumulated depreciation
A worker has time rate of Rs. 15/hr. He makes 720 units of a component (standard time 5 minutes/unit in a week of 48 hours). His total wages including Rowan bonus for the week is _____. A. Rs. 792; B. Rs. 820; C. Rs. 840; D. Rs. 864.
Answered but misspelled pl correct THE MINIMUM NUMBER OF SHARE HOLDERS IN A PUBLIC LTD CO. (ANS.NEVSE)
What is TDS entry for a Firm? as previous years TDS is shown as opening balance in the books of the firm in current year and i don,t want in C.Y as its claimed in the Computation of Previous Years???? So what is the A/C ing entry
Expand ------DPM
Expand-----------MRP
in a every intervew asking one common question why you are living current employer, which is the best answer
0 Answers Bank Of America, HSBC,
Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it
if cash deposited in to bank what will be entry?
What is the meaning of Journal Ledger?
what is difference between b.r.c and f.i.r.c
Audit 
