what is the concept of finance accounting?

Answer Posted / ishwar

Finanacial accounting is countinuous process of prepareing final accounts (trading, p&l and balance sheet) by recording each business transctions in books of accountinging.

Is This Answer Correct ?    3 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are 'revenue receipts'?

632


What is needed for insurance?

643


Explain About Openpages Policy And Compliance Management ?

791


What do you know about the formula of Simple interest and Compound Interest?

689


What do you mean by demand deposit?

690






hi frends, i completed mba in 2008,i worked as finance reseach associate in opi comp through consultancy. now my problem is when iam going other comp inteview they ask me is mab finace candidate selected through consultancy. can any body tell me how can i tell ans this

1386


Dealer management in the automoblie company?explain?

1648


How often do you use social networking sites?

653


Is the leader and manager same for any organization?

571


What is net profit ratio?

657


What do you consider your most significant strengths?

689


what is the shortcuts for Voucher Creation and Alteration Screen in Tally ERP 9?

637


Name the organization that regulates RRBs in India?

719


What do you know about Chief of Planning Commission and Election Commission etc.

660


What Different Types Of Bankruptcy Should I Consider?

656