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Why is accounting done?

Answers were Sorted based on User's Feedback



Why is accounting done?..

Answer / solangee walker

Accounting is done so that a business can make proper decision and know if they are profitable.

Is This Answer Correct ?    4 Yes 0 No

Why is accounting done?..

Answer / bindiya kushwaha

Accounting is done to make financial decisions and to provide information about the company to the outsiders.

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More Accounting General Interview Questions

even if trial balance matches there is an error of wat???

1 Answers  


What steps would you take to locate the errors in case trial balance disagrees?

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what is rate of service tax for construction co?

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How to make calculation of salary for an employee of an Indian company? Please give me an example to understand, also consider all the aspect of salary?

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Rs. 30,000 salary due to manager, but not paid. what will be the journal entry for this transaction?

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sir if we make purchase and sale for the same pary for the same amount what adjusting entry have to be passed to close that entry in tally. while taking bill wise details we can see the dr. cr.and have to cancell that

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Closing entries of P&L account

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Perpose of charge the excise duty?

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How do you handle rejection?

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If A are issueing a Cheque to B when B will present the Chq. in Bank than what entry will be prepare by the Bank in Their Books ?

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In the case of stock transfer from one branch to another branch any reverse credit is applicable.

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