Answer / suresh lakra

Accounting is the art and science of recording classifying
summerising in a significant manner in terms of monetary
transaction event which in part at least of a financial
character and interpreting the result thereof.

Answer / satish

accounting is the systematic way of entering all the
business transactions in various books of accounts.it
involves in various stages like....

1.journalising of all day to day transactions of business
ina book called journal and the procedure is called journal
entries
2.from journal, post them into various accounts called ledger
3.from the balances of ledger prepare trial balance.
4.from trial balance prepares final account i.e, Trading and
profit and loss a/c and Balance sheet

from the balance sheet we came to know whether the company's
financial position is sound one or not.......

from satish ;)

Answer / venugopal_reddy_4u@yahoo.com

finance means procuring funda for effective utilisation is
called finance.
it is just like a heart to any organisation..

What is the Journal entry if a Demand Draft is taken by Company B on behalf of Company A? Company B has it's A/c with Bank X. Company A has it's A/c with Bank Y.

4 Answers  

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HOw to exceed the funding budget amount limit in actual ledger?

1 Answers  

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please send Model question Paper accounting related question for entrance test

2 Answers   ACS, Reliance,

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capital goods excise duty why are taken in 50 percent in firt finicial year and second next finicial year?

2 Answers   PWC,

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what is meant by factorising

1 Answers  

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What the difference between DUE & ACCRUAL?

4 Answers  

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wat s brs?

7 Answers   Ford,

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what is net profit?

16 Answers   Genpact,

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information that goes into-------------can be used to help prepare

1 Answers   FactSet Systems,

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Short Answer on_____________Current Liabilities

1 Answers  

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what is tax?

51 Answers   CRP, Genpact, Kotak, Xpitax, Zenta,

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What is bank Reconciliation Statement?

2 Answers   EDS,

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