WHAT IS ACCOUNTING?
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Answer / vivek
according to Bierman and Derbin,"accounting may be defined
as the identifying,measuring,recording,communicating of
financial information".
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / gaurav agarwal
accounting is defined as the art of recording business
tranactions which is in monetary terms.
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / karan
ACCOUNTING IS THE ART OF RECORDING ,CLASSIFYING AND
SUMMARIZING AN SIGNIFICANT MANNAR , IN TARMS OF MONEY
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / balaji ganesh
Accounts is nothing but language of business,A Business can speak to goverment,share holders(the latter,If in the case of public limited company)through accounts only.its an art of recording giving and reciving aspect of any business or individual.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / mak
Accounting is a system of recording transaction which is
related to business.
| Is This Answer Correct ? | 0 Yes | 1 No |
Distinguish between trade bill and Accommodation bill
what are the purpose for the preparation of cost centre ?
Expand-----ADRC
What is shadow balance?
how to create the trading a/c, profit & loss a/c & Balance sheet & What do u mean by bank reconcilation
What is the Journal Entry if "Office Expenses" of Company A is being made by Company B on behalf of Company A?
Expand I B R D
Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.
What is the difference between International Accounting Standars & International Financial Reporting Standards?
Bank Overdraf is an Asset or a liability for a Bank?
Define bank Cheque
Expand ------APMC