Difference between Accounts & Finance ?
Answer Posted / nikky
Accounts:- In terms of Simply language accounts is all transactions of the firms eg all incomes & expenditures balance sheeet,profit & loss accounts preparation its just basic manual accounting process.
Finance:- The financial terms in org all related expects eg projects financing ,shares,bonds, debentures etc.and finance manager basically roll in finance to manage all expences or reducing capital expenditure its helps of profitable every organization.
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Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From