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what is finance

Answers were Sorted based on User's Feedback



what is finance..

Answer / ravipolina

FINANCE IS AN OBLICATION TO MEET ALLTHE REQUIREMENTS
WHICH DEALS WITH FINANCIAL MATTERS IN WHICH PLANNING,
DECESSION MAKING PLAYA A VITAL ROLE

Is This Answer Correct ?    9 Yes 0 No

what is finance..

Answer / b.narasimha rao

FINANCE MEANS MANAGE THE FUNDS FROM SOURCES AND URILISE THE
FUNDS AND CONTROL CASH FLOWS

Is This Answer Correct ?    5 Yes 1 No

what is finance..

Answer / khan zarein

Identifing the Fund and Utiliazing the fund and controll
the cashflow

Is This Answer Correct ?    2 Yes 0 No

what is finance..

Answer / ken

An Art and science of
managing money.

Is This Answer Correct ?    1 Yes 0 No

what is finance..

Answer / kafayat ullah

it is a science which deals with the money in form of
funds, loans ,etc

Is This Answer Correct ?    0 Yes 0 No

what is finance..

Answer / praveen

Finance is a simple task of providing the necessary of funds like money required by business of entity like companies, firms,individual and other on terms of the most favorable to achieve their economic objects

Is This Answer Correct ?    0 Yes 0 No

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1 Answers   Franklin Templeton,


Kindly solve the following problem. Financial accounting. 1. Bheema does not maintain his book in the double entry system . His books showed following facts. Receipts for the year ended 31.12.2007 from sundry Debtors 17625.00 Cash sales 4125.00 paid by bheema (proprietor) 2500.00 total 24250.00 payments made for the year ended 31.02.2007 new machinery purchased 625.00 drawings 1500.00 wages 6725.00 salaries 1125.00 interestpaid 75.00 telephone 125.00 Rent 1200.00 lighting 475.00 sundry expenses 2125.00 sundry creditors 7625.00 total 21600.00 Assets and Liabilities As on 31.12.2006 As at 31.12.2007 sundry creditors 2525.00 2400.00 sundry Debtors 3750.00 6125.00 Bank 625.00 ? stock 6250.00 3125.00 plant 7500.00 7315.00 from the Above data , prepare TRADING A/C, PROFFIT & LOSS A/C for the year ended 31st december 2007 and the BALANCE SHEET as on on that date. Kindly solve the problem

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