OBJECTIVES OF ACCOUNTING ?

Answer Posted / lavi

the first objective of accounting is identification of
financial transactions & then
recording
classifying
c summarising
interpretation

Is This Answer Correct ?    6 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what are the types of provisions that you would make for the end of a financial year?explain

1464


Take me through the entire vendor cycle.

1494


Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them

2165


What are the rates of Depreciation? Like machinery items, wooden items?

1526


A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c

1601






give me only one transactions in both side (debit&credit) should be in real accounts

1714


how history is helpful for banking?

1534


Could u show me the sample TDS Document / Template

1613


A company produces and sells 12500 units of Commodity X at Rs 50 each. The variable cost of the production is 20 % of selling price. Fixed cost being Rs 100000 per annum. Calculate the PV ratio and BEP if.  The selling price is reduced by 5 %.  Fixed cost is increased by 2 lacs

1371


Hi, I am preparing for Junior Accounts Officers test- APTRANSCO. Can any one suggest the model paper / Books available? john kadapa

1588


What is revaluation of Accounts, how does it is accounted in business

1464


What are motive behind mergers And acquisitions?

1680


• What is depreciation and the method?

1567


Tell me about how you have left a position better than you found it

1502


respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...

1542