what is the accounting
Answers were Sorted based on User's Feedback
Answer / sandesh
The bookkeeping methods involved in making a financial
record of business transactions and in the preparation of
statements concerning the assets, liabilities, and
operating results of a business
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / bharat bhushan sachdeva
Accounting is an art of recording,classifying,summarizing
and analysis the economic transaction for maintaining the
books of accounts and analysis of that for further decision
making.
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / k shivasankar
accounting is the process of recording , sorting
sumaarising the data
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / pooja jain
accounting is the process of recording, summerising &
analysing financial transactions of day to day life so as
to maintain systemayic & deliberate record of transactions.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / poonam
In short"Accounting is a sumrizes and systematic record of
daily transaction in book of account in ledger."
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / radha
The Accounting is "the art of recording, Classifying and
Summarizing in a significant manner and in terms of money,
transactions and events which are part at least of a
financial character and interpreting the result thereof."
| Is This Answer Correct ? | 1 Yes | 1 No |
what is Form H?
central exices
Is materiality by fund balance or transactions?
Expand---------PRSM
A company charity (gross income <?250k) wishes to take advantage of the audit exemption regime. However, there is an audit provision in the company's Articles. Should they be required to change the Articles?
0 Answers eClerx, Supreme Court,
When is income from rented accommodation to be treated as investment income and when as trading income?
how two calculate capital a/c
what do you mean acculmated depreciation?
How will u handle accounts receivable?
20 Answers Ask Agro Chemicals, Genpact, State Bank Of India SBI, Wipro,
Define Internal audit responsibility
investigation vs audit
Will it be fine if private Ltd Company do not follow depreciation rate as per The Companies Act,1956 & follow Depreciation Rates as per Income Tax. Also is it necessary to claim VAT Setoff on Asset Capitalised only after some percentage of retention.