what is fundamentals of accounting ?

Answer Posted / rama devi

ACCOUNTING IS DEFINED AS "THE ART OF RECORDING. CLASSIFYING
AND SUMMARISING IN TERMS OF TRANSACTIONS AND EVENTS OF A
FINANCIAL CHARACTER AND INTERPRETING THE RESULTS THEREOF

Is This Answer Correct ?    30 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

in which group under we will open donation and hamali weekly payment account or ledger

1591


I customized the tax procedures, after posting normal g&l (f-02), i got an error, error is complete lineitem display, its popup error message num, how can i find the message error, whats the t-code

1674


Expand---------PDBC

1493


while passing a journal entry we rite dr. for the a/c to be debited but why don't we write cr. for the a/c which is credited and instead write 'TO'??

1554


How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?

2173






WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?

1669


what is payment method?How many payment method we can assign to company code.

1250


Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer) • The currency maintained in the account master record is USD • The translation rate between EUR and USD is NOT maintained • The only balances in local currency indictor is set in the account. • The account determination for exchange rate difference is missing for the account

1593


What is Merger?

1907


What is the treatment of Capital Work in Progress as per the International Accounting Standards.

4429


who introduces the single entry format?

1555


What is the relationship between, issued share capital, share premium and paid up capital?

1900


i am the student of icwai (intermidiate) What is the tds and how use the different state ..

1624


Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?

1814


Clasify capital

1524