WHAT IS ACCOUNTING?
Answers were Sorted based on User's Feedback
Answer / vivek
according to Bierman and Derbin,"accounting may be defined
as the identifying,measuring,recording,communicating of
financial information".
Is This Answer Correct ? | 8 Yes | 1 No |
Answer / gaurav agarwal
accounting is defined as the art of recording business
tranactions which is in monetary terms.
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / karan
ACCOUNTING IS THE ART OF RECORDING ,CLASSIFYING AND
SUMMARIZING AN SIGNIFICANT MANNAR , IN TARMS OF MONEY
Is This Answer Correct ? | 5 Yes | 0 No |
Answer / balaji ganesh
Accounts is nothing but language of business,A Business can speak to goverment,share holders(the latter,If in the case of public limited company)through accounts only.its an art of recording giving and reciving aspect of any business or individual.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / mak
Accounting is a system of recording transaction which is
related to business.
Is This Answer Correct ? | 0 Yes | 1 No |
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