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what is accounting

Answers were Sorted based on User's Feedback



what is accounting..

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

what is accounting..

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

what is accounting..

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

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More Accounting AllOther Interview Questions

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?

1 Answers  


Can grants made in stage payments but not yet received be accrued as grants receivable?

1 Answers  


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?

5 Answers   EEE, Genpact, IBM,


Expand ------MEF

1 Answers  


Expand -------CTEI

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what is sundry ?

1 Answers  


What is meant by Kpo?If possible tell me the process too?

6 Answers  


where can i get the Balance sheet (graph) for Muthood Finance ltd. (profit and Loss sheet)

1 Answers  


Expand C R R

6 Answers  


What is contract accounting?

0 Answers  


what are fictious assets? give some examples?

39 Answers   Capital IQ, Genpact,


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