What are the Functions of Accounting



What are the Functions of Accounting..

Answer / mounika

1)Recording of business transactions
2) communication of results to various parties
3) meeting legal obligations

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

What is amortization?

38 Answers   Brigade, Capital IQ, Sri Ram,


Expand-------AOT

1 Answers  


what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?

0 Answers  


Distinguish capital and revenue expenditure

0 Answers   Genpact,


sale of old computor Rs 7500/- was credited to sales account Rectify it

4 Answers   ACS,






what is the work of cost accountant?

4 Answers  


What is a dead A/c?

2 Answers   Time,


Concept of NAV and its formula?

4 Answers   Mellon,


dada proposed to start a business. He had only N10,000 which was not enough to start the business, he got a loan of N10,000 from his bank

2 Answers  


expand N A V

4 Answers  


after payment of interest of a loan account by using credit note voucher in tally 9........don't anyone thinks that we have to adjust the cash account by passing cr entry on journal for interest payment...

0 Answers   Fresher,


Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com

0 Answers  


Categories