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What do u mean by accounting?
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Answer / amar nayak
Accounting is the art of classfing ,recording,summersing
business transation and iterperting reasult thereof.
| Is This Answer Correct ? | 15 Yes | 0 No |
Answer / zam
Accounting is the art of:-
Identifying = Whether it is purchase,sale or expense
transaction
Measuring = Can be measured in monetary terms or not
Recording = Preparation of journal entries
Classifying = Posting into ledger
Summarizing = Preparation of financial statements
Interpretation = through ratios and the resulted figures of
financial statements
Therefore, accounting is solution of complex
business problem which provides better solution with broad
accounting concepts and principles
| Is This Answer Correct ? | 15 Yes | 1 No |
Answer / imran
accounting is a form of recording,summerising and
interpriting business entity into a financial report.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / prabir kumar dey
Accounting is the way of recording, analysing and summerising
of an entities financial transaction and providing financial
information to wide range of user group for making economic
decision.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / m.d shakeel quadri
acconting is the art of recording,classifying and
summarizing in a significant manner and in terms of money
,transactions and results and events which are ,in part at
least,of a financial character and interpreting the results
| Is This Answer Correct ? | 0 Yes | 0 No |
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