basic knowledge of accounting ?
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Accounting is an
Art of recording
Art of Classifying
Art of Summarising
the Monetary Transaction & finally interpreting the results
| Is This Answer Correct ? | 112 Yes | 10 No |
Answer / harshad
Account is an type of Maths. In School we calculate Number
but here we kept record of company deiatls like purchase,
sales, journaletc.
| Is This Answer Correct ? | 70 Yes | 8 No |
Answer / bhavani bv
Hi,
Accounts is nothing it is finally + and - what ever you
receive whatever you spend and applicable taxation.
Alway you have to rember accounting rule while you r
accounting
Personal account Debit reciever credit Giver
Real account Debit what comes in credit what goes out
Nominal account Debit Expenses and income credit income and
gain.
| Is This Answer Correct ? | 58 Yes | 8 No |
Answer / murali.p
Accounting is art of Classifying, summarizing, recording of montary transaction according to the GAAP.
| Is This Answer Correct ? | 22 Yes | 0 No |
Answer / latha devi vazir
Accounting is an method of identifying,arranging and passing required financial information to decision making in business.
| Is This Answer Correct ? | 16 Yes | 3 No |
Answer / mahaveer palor
HI
ACCOUNTING IS ART OF CLASSIFYING SUMMARIZING RECORDING OF MONTARY TRANSACTION ACCORDING TO THE GAAP
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / akbar
Accouning is an art of recording,clasifing,summerizing and analysing the monetary transactions from the accounting principles
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / santosh dhakal
Hi,
Accounting in simple term is the art(in hindi means kala)of identifying(identify whether the said thing is a transaction or an event,whether monetay or not),Recording(Journal),Classifying(same nature of item at a place in ledger),summaarizing(through B/s,P&l A/c),interpreating,and finally analysing the impact,so that the user of it may get the required information easily which may be a milestone for taking the decision for them.
| Is This Answer Correct ? | 4 Yes | 1 No |
We made full payment to contractor and forget to deduct TDS on that.Now contractor ledger is fully settled and we have to pass the TDS entries on that. Kindly guide rectify the entries on tds
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What is a service tax?.How to pay the service tax return?
WHAT IS THE FREQUENCY OF FILLING OF SERVICE TAX RETURN?
7 Answers Crossword, Progressive,
Service tax rates
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As I am an Individual person doing jobwork with a company name x. After doing jobwork I am going to sale the shoes in local market. Please tell what is the tax % I have to take. Whether 4% or 12.5%.
Dear All , My TDS diducted in 2012-13, Rs.2400 2013-14 RS600 & 2014-15 1600 but i am not file any ITR till date please advise me can i claim that amt. for Income tax depart ment I am waiting you your rply
i m agent of reliance life insurance i have sold one traditional product of premium size 10,000/- rs and comission rate is 18% what will be net comission will be recd by me after deducting service tax and tds ?
6 Answers Bajaj Allianz, Reliance,
Audit 
