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

Post New Answer

More Accounting General Interview Questions

A sold a product for 20% profit to B, B sold for 10 % loss for 230. 1, What is sale price of A 2, if A have sold for 500 what is profit % Please explain step by step.

3 Answers   Ernst Young,


Scope and nature of Accounting

0 Answers  


How many types of inventories are there for a company ?

4 Answers  


what is the difference between profit center area and business are.? please make me clear.

0 Answers  


treatment of reserve fund in trail balance whether debit or credit.

2 Answers  






On receive of Import material & to book purchase value, any form require from Importer / Clg. & Fwdg. Agent

2 Answers  


rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.

0 Answers  


What is the order of priority of the following. 1.Trial Balance,2.Sales Ledger,3.Journal Entry,4.General Ledger,5.Balance Sheet,6.Profit and Loss Account,7.Cash Flow and fund flows.

1 Answers  


What is the actual meaning of Ledger Account?

1 Answers  


What is rate & taxes in Accounting. when we make a journal entry like rate & taxes debit & party credit. So i want to guide me consider for rate & Taxes.

0 Answers   Kiwi Foods,


private placement

3 Answers   Capital IQ,


what r the entries related to manufacturing company stock

0 Answers  


Categories