what is accounting
Answers were Sorted based on User's Feedback
Answer / rajesh
It is art of recording &summersing of alltransactions in
meaning full manner accounts are prepared regular basics or
monthly basics or yearly basics by pereparing main aim
of preparing accounts is to know the financial position
of firm for a particular period of time
Is This Answer Correct ? | 12 Yes | 2 No |
Answer / sudhakar
Accounting is an art of Recording,Classifying,Summarising
and Interpriting the available Financial data.
Is This Answer Correct ? | 9 Yes | 0 No |
Answer / ravi
accounting is an information system it is aprocess of
identifing,measuring,recording,classifing,summarizing,
analysing,interpeting,communicating
Is This Answer Correct ? | 8 Yes | 1 No |
Answer / isha thorat
Accounting is the process of recording,
classifying,sumerising,interpreting and analysing the day
to day business transactions.
Is This Answer Correct ? | 8 Yes | 1 No |
Answer / n anil kumar
"It is art of recording and clarifing and summarising the
all business transaction and interpreting the result
thereof"
Is This Answer Correct ? | 6 Yes | 1 No |
Answer / harendra singh rawat
Accounting is an art.
because,
Art = knowledge + systematic work pattern + clean & clearness.
and science because,
Science = knowledge for doing work in a system.
so we should have knowledge of accounting (its key words also)
and also should have a system (platform)
(Accounting system)
(we can say also Accounting language)
for applying our knowledge in this system.
thanks for giving me platform for using.
Is This Answer Correct ? | 5 Yes | 2 No |
Answer / mgohar
Accounting is the art of recording, classifying and
summarizing in a significant manner and terms of money,
transactions and events which are, in part at least, of a
financial character, interpreting the result thereof".
Is This Answer Correct ? | 4 Yes | 1 No |
Answer / vijaya kumar
Recording monetary and non-monetary business transactions
in to books of account is called accounting.
Is This Answer Correct ? | 3 Yes | 1 No |
Answer / mohammed hassan
accounting can simply be describe as an information system
where data where captured during transaction for record of
accountability.
Is This Answer Correct ? | 2 Yes | 1 No |
1. When is GRN raised? 2. what is the purpose of matching open PO listing against GRIR account?
What is an audit process?
what is the difference you can make by doing your course in the country of your choice
tell me in detail about deffered tax asset & deffered tax liability
Hi Friends! Pls clear my doubt.... Is there any changes made in TDS rate for the A.Y. 2012-13?
Is materiality by fund balance or transactions?
please tell me how to take the stock of goods in Tally ERP9 in case of Useing FORM F (Company Sent the Stock Send me against Form 38 & after sale He want from me FORM F ) Thank U
What is difference between individuals & company? When deducting tds for them how we can compare them?
We are non excise registration Manufacturer want export to dubai & material received from excise registration manufacturer they are mention excise duty on my bill but we are not getting modvat because of non registration then what we will do that they are not liable to me excise duty on bill
what is the debit and credit
Expand---------BPR
what is the abervation of tds