Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / kiran kumar.r
The concept of accounting is to find out the performance of
the year and position of the entity at the end year by
following the accounting process i.e
recording transactions
posting them into ledger accounts
preparing trail balance
finally preparing financial statements
| Is This Answer Correct ? | 9 Yes | 1 No |
Post New Answer View All Answers
What is peach tree accounting?
Define depreciation and its types?
What is royalty reserve?
How do I record a prior year property tax refund on sale of asset due to overvaluation
what is bank aceleted?
what are the voucher entries in tally for medical insurance
What is departmental accounting? Give an example
A and V enter into a joint venture to sell a consignment of biscuits sharing profits and losses equally. A provides biscuits from stock Rs 10000. He pays expenses amounting to Rs 1000. V incurs further expenses on carriage Rs 1000. He receives cash for sales Rs 15000. He also takes over goods to the value of Rs 2000. The profit on joint venture is 7 (a) Rs.3000 (b) Rs.5000 (c) Rs.6000 (d) Rs.3500
how to solve cashbook question
Explain have you ever prepared mis reports and what are these?
saji become insolvant -what is journal entry
Are you comfortable with cold-calling?
what is loan operations and what are the complete process form from making customer to closure of loan
Accounting Questions
What is the limitaion of the Trial Balance?!
