why should we do accounts in company

Answer Posted / bhatti harjinder kaur

to check the financial position of the company whether there is a profit or loss at end of the year

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How good are you at Finance?

1756


Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2244


If income and expense both are equal then what it depicts

1611


WHAT IS THE DIFFERENCE BETWEEN SEND FOR APPROVAL (WITHOUT PARKING) AND ASSIGNMENT CORRECT IN MYSAP FI POSTING?

1703


HOW TO PASTE MORE THAN 8 PO'S (PURCHASE ORDER) IN MM posting?

1657






reason for difference in Balance sheet (Asset side & Liabilites side)

1651


in which group under we will open donation and hamali weekly payment account or ledger

1685


In what cases can Convertible bonds be considerred as derivatives?

1865


What is wealth maximisation

1711


Straight line method to using Indian company names

1574


What is the difference between income statement & Profit&loss A/c?

1570


why would you like to opt nbp

1641


hi.this krishan .i m slect in axis bank for executive. when i sposse to join

2054


what are the difference between banking institutions and financial institutions?

1646


what is controlership?

1961