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What is General Accounting
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Answer / tabrez quadri
General accounting is a proccess in which recording,summarising,classification in a systematic manner
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Answer / dhirendra kumar singh
The systematic and comprehensive recording of financial transactions pertaining to a business. Accounting also refers to the process of summarizing, analyzing and reporting these transactions. The financial statements that summarize a large company's operations, financial position and cash flows over a particular period are a concise summary of hundreds of thousands of financial transactions it may have entered into over this period. Accounting is one of the key functions for almost any business; it may be handled by a bookkeeper and accountant at small firms or by sizable finance departments with dozens of employees at larger companies.
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / shefi
property analysed and gathering the data..timely records all the transaction...and aftr that at the end of the year..mentain a financial report..with this financial report we ascertain that our company is financially sound or not....
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Answer / meghanath
The common set of accounting principles, standards and procedures that companies use to compile their financial statements.
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Answer / nagarjuna
Genaral Accounting involves the basic principles concepts and accounting practice recording financial statement praparation and the use of accounting information management
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Answer / ullash chandra swain
General accounting means to record all the financial transactions of the company in a systematic manner to know the financial position of the company which leads to make the correct decision by the management to continuity of the business.
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Answer / san surya
general accounting means inside and outside of all the business transations recorded in systamatic and informatic of accounting transactions
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Answer / pushpendra mishra
Record all day to day financial transaction in a systematic manner is known as general accounting.
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Answer / oy vanda
General accounting is recording and analyzing the day to day
accounting transactions.
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Answer / rikoh
General accounting deals with recording transactions and preparing various financial reports for various stakeholders...
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How prepare the accounting MIS report?
what do you mean by accounting?Explain the various concepts of accounting and the need for having accounting standards?
15. Which statement about ADRs is true? a) An ADR is the receipt for the shares of a foreign based corporation held in U.S bank b) ADRs do not trade on U.S exchange c) ADRs give non U.S investors a way to buy non US company shares in the US market. d) The holder of an ADR is entitled to only the dividends for the security
4 Answers Capital IQ, FactSet Systems, Wells Fargo,
How can i download International accounting Standards (IAS ) (41) from the internet in PDF format .Please can u tell me site name.
What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...
If i have a company in India doing purchase from Shrilanka, If i buy in Shrilankan local currency and make the payments in Indian Currency At the end of year how shall i settle the difference Exchange money in Books of Accounts.
what is the bills payble and bills receivable
I need the diffnation of Gross profit and Net Profit, kindly brief. Thanking U.
suppose you make a bill with service tax and on the time of service tax return you have deposit the same. but now party denies to pay the value of service tax. what adjustment entry you pass to rectify the a/c.
Answered but misspelled pl correct accounting measures past performanceof the business entityand depicts the current financial position (Ans.MMEEEASURNT)
How baddebts effects in trial balance and balancesheet?
What do you mean by an Accounting Cycle....?????
Audit 
