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what is the difference between accounts and finance.
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Answer / chandu
the main difference between accounts and finance is the
accounts calculate the cash flow on the basis of accrual
basis. means the mercandial basis. finance consider only
when they are received.
accounts is the only input to finance
| Is This Answer Correct ? | 38 Yes | 49 No |
Answer / hemanth.batchu
Finance is a part of the accounts which i strongly feel
Bcos as per the accounts equation assets = libalities +
owners equity. if we look at assets it consists of current
assets, fixed assets and the investment. the investmets is
nothing but the financing of the company that mean finance.
| Is This Answer Correct ? | 22 Yes | 56 No |
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