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What do you mean by Accountancy and Accounts?
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Answer / lxmi1972
Accountancy means a study of subject in which all the
accounting transactions will be consolidated and Financial
status of the company is known.
Accounts means recording of all transactions by book
keeping and finally to show a true and fair view of the
company status for a desired period. (Say Year closing)
| Is This Answer Correct ? | 23 Yes | 2 No |
accountancy is a subject which involves concepts and
conventions rules and regulations and specified formulaes
which makes accounts simple
accounts means recording of all the transactions and
maintaining all the books which were related to accounts
| Is This Answer Correct ? | 6 Yes | 4 No |
Answer / suresh dhami
Accountancy is a father of a account & account is a son of
the accountancy. Accountancy is related to the senior level
post i.e finalization of the books of accounts.
and accounts is simple to maintain books records.
| Is This Answer Correct ? | 1 Yes | 6 No |
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