what is accounting
Answers were Sorted based on User's Feedback
Answer / firoz kappil
The systematic recording, reporting, and analysis of financial transactions of a business.
The person in charge of accounting is known as an accountant, and this individual is typically required to follow a set of rules and regulations, such as the Generally Accepted Accounting Principles. Accounting allows a company to analyze the financial performance of the business, and look at statistics such as net profit.
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / anusha raj
Accounting is the process of identification,classification, summarization of daily transactions to know the financial position.
| Is This Answer Correct ? | 4 Yes | 0 No |
Expand A T R
how many types of depreciation?
Zee Ltd. uses material—A for the production of Product M. The safety stock of material A is 300 units; the supplier quotes a delivery delay of two or three weeks. If the company uses 500 to 800 units a week according to the activity levels, the re–order level of material–A will be A. 2300 units; B. 2400 units; C. 2700 units; D. 28 units.
what are the items comes under the profit appropriation account?
Do assets have to be analysed between funds?
clasify assets and give examples
WHAT IS VOSTRO Account?
Please explain in brief why you consider yourself suitable for the position applied for?
2 Answers Accounting, Godrej, KEC,
what is zero base budgeting
fill in the Blanks Yours accounts must be compulsorily audited if your turnover exceeds _____________
Expand---------RTSP
Breif Explaination about accounts & Finance