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what is accounts?

Answers were Sorted based on User's Feedback



what is accounts?..

Answer / gangadhar

what is accounting





Accounting means the art of recording, classifying and
summarizing business transaction.

Is This Answer Correct ?    11 Yes 0 No

what is accounts?..

Answer / vinay kumar

Account is a summerised statement of debit and credit.There
are two parts for every account.The left hand side of the
part is called "debit side" and the right hand side of the
part is known as "credit side".

Is This Answer Correct ?    9 Yes 2 No

what is accounts?..

Answer / bhavya

Accounts is the art of recording , classifying and
summarising the business transactions in the terms of money
and money events atleast in a part of a financial characters

Is This Answer Correct ?    4 Yes 0 No

what is accounts?..

Answer / guest

it is a system of book keeping. in this we maintain day to
day business transaction.

Is This Answer Correct ?    6 Yes 3 No

what is accounts?..

Answer / shamim khan

Accuont are records of assets , liabilities, incomes and
expenses.

Is This Answer Correct ?    1 Yes 0 No

what is accounts?..

Answer / sampath

accounting is summersing & classiffing Recording

Is This Answer Correct ?    0 Yes 0 No

what is accounts?..

Answer / buddhpal

Accounts is an art of recording, classifying and
transaction and reporting of transaction with the other
party

Is This Answer Correct ?    0 Yes 0 No

what is accounts?..

Answer / sravan

ACCOUNTS IS THE COLLECTION MEASURENCE RECORDIND AND
CLASSIFICATION AND COMUNICATION OFECONANIC DATA RELATING TO
ENTERPRICE FOR THE PURPOSE OF REPORTING AND DISSION MAKING OF

THE CONTRLE

Is This Answer Correct ?    0 Yes 0 No

what is accounts?..

Answer / k. madhusudhan reddy

Financial records of an organization that register all
financial transactions, and must be kept at its principal
office or place of business.

Is This Answer Correct ?    0 Yes 0 No

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More Accounting General Interview Questions

what is contingent liabilty, how it shows in balance sheet?

5 Answers  


what do you mean Provision for bad debit

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What do you find most satisfying about this job?

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1 Answers   Accenture,


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3 Answers  


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8 Answers   Genpact,


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0 Answers  


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7 Answers  


what is legal meaning of CLEAR BALANCE mentioned in bank passbook of a saving account ?

2 Answers   Bank of Maharashtra,


wages,conveyance,hra,spl allowance,P.F,& ESI payable journal entry?

4 Answers  


A non-function currency claim:- Employee while updating a non functional currency claim the system uses the period end rate i.e. any claim pertaining to the period 01Aug - 25th Aug. the system uses the period end rate as of July 31st. (2) Also, what is the basis of using the period end rate not the average rate for expenses claim. Can you please clarify my question.

0 Answers  


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