Interested to Buy Any Domain ? << Click Here >> for more details...
what is accounting? pls tell me in exact definition
- 3 Answers
- 7127 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / suresh lakra
Accounting is the art and science of recording classifying
summerising in a significant manner in terms of monetary
transaction event which in part at least of a financial
character and interpreting the result thereof.
| Is This Answer Correct ? | 8 Yes | 0 No |
accounting is the systematic way of entering all the
business transactions in various books of accounts.it
involves in various stages like....
1.journalising of all day to day transactions of business
ina book called journal and the procedure is called journal
entries
2.from journal, post them into various accounts called ledger
3.from the balances of ledger prepare trial balance.
4.from trial balance prepares final account i.e, Trading and
profit and loss a/c and Balance sheet
from the balance sheet we came to know whether the company's
financial position is sound one or not.......
from satish ;)
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / venugopal_reddy_4u@yahoo.com
finance means procuring funda for effective utilisation is
called finance.
it is just like a heart to any organisation..
| Is This Answer Correct ? | 5 Yes | 1 No |
Why do you want to work with us
0 Answers GSK GlaxoSmithKline,
what is ledger,journal,voucher.
describe how accuracy in trial balance is a prime objective for preparing the financial statements?
Credit Purchase entry
How Many Types of Excise Duties?
what do we mean we say that accounting is a means rather than an end?
what is Ratio Analysis ?
EXPAND______________IDBI
Explain sensex?
what is mean by reserve?
hi to all i have also cleared sbi exam and my interview is on 26th may 2009.can any one help to prepare for interview
HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)
Audit 
