what is the book keeping?

Answer Posted / rakesh kumar prasad

book keeping is the art of recording business transactions in
a systematic manner. it is a process of identifying financial
transaction to measure them in terms of money for recording
and classifying them in books of primary entry or books of
account.where it ends where accounting starts.

Is This Answer Correct ?    7 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

pls let me know double entry of 'LEASING"

1646


Explain me fair value accounting?

601


how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.

1127


what is the rate of vat,cst,in mumbai

1213


Tell us in accounting, how do you define premises?

690






Do you know what is icai?

670


what is the minimum & maximum amount paid by company per day

1675


on 02/05/2013 issued a cheque to third eye ltd of Rs.14000/- in full and final settlement against the due on amount

1392


Define push down accounting?

605


what is retention? how caculate on asset

1753


WHICH QUESTIONS ASKED IN EPFO IN 2009.

1502


what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?

1670


Tell us why did you select accounting as your profession?

645


when we purchase of tractors and two wheeler vehicle from other state what we get taxes exemptions

1499


Tell me in accounting, vat abbreviates what?

654