what is the accounting
Answers were Sorted based on User's Feedback
Answer / sandesh
The bookkeeping methods involved in making a financial
record of business transactions and in the preparation of
statements concerning the assets, liabilities, and
operating results of a business
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / bharat bhushan sachdeva
Accounting is an art of recording,classifying,summarizing
and analysis the economic transaction for maintaining the
books of accounts and analysis of that for further decision
making.
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / k shivasankar
accounting is the process of recording , sorting
sumaarising the data
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / pooja jain
accounting is the process of recording, summerising &
analysing financial transactions of day to day life so as
to maintain systemayic & deliberate record of transactions.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / poonam
In short"Accounting is a sumrizes and systematic record of
daily transaction in book of account in ledger."
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / radha
The Accounting is "the art of recording, Classifying and
Summarizing in a significant manner and in terms of money,
transactions and events which are part at least of a
financial character and interpreting the result thereof."
| Is This Answer Correct ? | 1 Yes | 1 No |
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