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what is accounting
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Answer / narasimha rao
ACCOUNTING IS THE ART OF COLLECTION RECORDING CLASIFYING
AND SUMMARISING THE FINANCIAL DATA IN SIGNIFICANT MANNER
AND IN TERMS OF MONEY
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / phani
ACCOUNTING IS an ART OF RECORDING, CLASsIFiYING
AND SUMMARISING in a SIGNIFICANT MANNER and transactions
and events which are in a part at least, financial character
interpriting the results there of.
As per icai.org
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / 25.02.09
ACCOUNT IS SUMMERISED RECORD OF BUSNESS TRANSECTION
RELATING TO PERSON,PROPERTY,GAIN,INCOME,LOSSES ETC.
| Is This Answer Correct ? | 3 Yes | 0 No |
sir.i jitendra surati have a query.aboutloss settelment. i have loss of capital rs 26000/ and mr friend have loss of rs106000/- as capital. how to compensate the loss by sharing?how many i have to give to my friend ? (A)26000+106000=132000 and i have to give him 66000? or 40000 rs?
Can grants made in stage payments but not yet received be accrued as grants receivable?
what are important steps to take during the conversion of an accounting system?
2 Answers Cap Gemini, Franklin Templeton, Globix,
What is provision for depreciation? What is it entry in P&L & Balance sheet? How it is different from Depreciation expense?
Expand ------MEF
Expand -------CTEI
what is sundry ?
What is meant by Kpo?If possible tell me the process too?
where can i get the Balance sheet (graph) for Muthood Finance ltd. (profit and Loss sheet)
Expand C R R
What is contract accounting?
what are fictious assets? give some examples?
39 Answers Capital IQ, Genpact,
Audit 
