What is account?
What is finance? What do you mean by finance and accounts?

Answer Posted / sarayu

ACCOUNTS:ACCOUNTING MEANS RECORDING,CLASSIFYING AND
SUMMERIZING OF FINANCIAL TRANSACTIONS IN TERMS OF MONEY.



FINANCE:FINANCE MEANS IT DEALS WITH ACQUIRING AND
UTILIZIATION OF FUNDS IN A PROPER MANNER.

Is This Answer Correct ?    17 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

plz send me a solved paper on SBI of clerk post

1828


How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?

1859


shares journal entries

1596


Dear Sir, My qus is my co. purchase a laptop from Abc.co. for rs-37200 on credit Emi basis from hdfc bank. i paid every month 6200rs as a installment. so i want to know how i make a entry in tally 9. and also want to know i creat laptop ledger under fixed assets or office expenses. plz tel me soon.or mail me .

1622


i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR???

1499






Weather Entry tax on consumable goods purchased against CST

1676


why should the company give first perference to the perference shareholders?

1998


what is meant by qurum

2010


What is EBITDA

1425


how to download online - old ECR CHALLANS

4411


With a 600 credit score, how to improve my credit rating score?

1424


Expand----------MTSC

1710


Clasify Loss

1606


---------is the main or principle book of accounts

1383


drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?

995