Interested to Buy Any Domain ? << Click Here >> for more details...
What is a accounts? and why have u prepare Accounts only one
methods ?have a possible a different pattern?
- 5 Answers
- 7353 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / ankit sharma
accounts is a partern to record transaction properly so
that we find Profit & loss. we have prepare accounts only
one method because if we change our method regurally we
never find correct result and we never compair our
financial statement. yes if our business activity change or
in the change in constitution & rule & regulation.
| Is This Answer Correct ? | 9 Yes | 2 No |
Answer / harendra singh
Accountancy is the art of communicating financial
information about a business entity to users such as
shareholders and managers. The communication is generally
in the form of financial statements that show in money
terms the economic resources under the control of
management.[1] It is the branch of mathematical science
that is useful in discovering the causes of success and
failure in business. The principles of accountancy are
applied to business entities in three divisions of
practical art, named accounting, bookkeeping, and auditing.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / hemant
Account means to record transaction properly and it help in
maintaining the books and accounts of the company.Account
also help in finding the Profit/Loss of the co. There are
two type of method i.e. Single Entry System and Double
Entry Sysstem. Changing of method create various
difficulties in preparing the accounts. Most of the co.
adopt double Entry System.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / srikanthi singireddy
accounts are dealt with financial transactions of firm , so
if they keep on chnaging it would be difficult for the
organisations to maintian or come toa conclusion whether
the firm acquired profits or losses. so they do not prefer
chaging in accounts pattren.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / hari
Accounts is the methold of Accountany. Which help we known
the financial status of company.
| Is This Answer Correct ? | 0 Yes | 1 No |
Hello Sir, My Name is Shoaib, I am Novice in Accounting Field. I want to learn the simple & step by step, procedure to final my company account. Please Help
Explain what is balance sheet?
Why do we prepare trial balance?
What is the full form of RTS in banking ?
3 Answers eMpulse, Patanjali Ayurved, TCS,
Mutual Funds
Hello friends, I want to sk that Is computer proficiency certificate necessary at the time of SBI clerk Interview?and all other guys who have cleared the nov 2009 exam and have got the bio data form please give replies,,, waiting for replies ,thank you.
In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/
process for creating a balance sheet
how to answer tell me about yourself in an interview?
7 Answers Genpact, Hindustan Adhesives, InTouch, TATA, Wipro,
what are journal entry of vat in sale transaction with example.
Fundamental accounting assumptions are (a) Materiality. (b) Business entity. (c) Going concern. (d) Dual aspect
plz tell me Agar koi co. ka exp. generate ho or uski payment cash se ki jaye to hume wo exp. book krne ke liye payment ki receipt leni jaruri hai bina receipt ke entry krna sahi h ya galat..??
Audit 
