what is the difference between accounts and finance.
Answer Posted / sandeep kumar
The differece is ...
Accounts is the art of recording , classifying n
summarising the business transactions in a significant
manner in terms of money.
While finance it is the process of lending n borrowing of
funds in the form of short n long term. ( ex. I have taken
a finance from the two wheeler company in the form of loan
(say hero honda showroom) to purchase a bike. Or even we
can say finance as money needed or support the business
enterprise to run the organisation in a smooth manner.
Thank u..
From sandeep.
Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
What is a fairness opinion?
What are the disadvantages proprietary firms?
Under which act were the state bank of india and its subsidiaries nationalised?
What do you understand by the cashless economy?Does it have any pros and cons?
How will you handle stressful situation while dealing with the public?
What is CBS?
What do you mean by financial reporting?
What Are The Types Of Accounts In Banks?
What do you mean by commercial banking and explain its types?
Name the types of money?
Define Convertible Debentures?
What are G-secs?
How many number of SBI branches are present in India?
What is composite cost of capital? Explain the process to compute it?
Please send all the previous year question on SBI clerical post.My e-mail ID is raffiq1182@yahoo.com