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what is the meaning of accountant,accounting & accountancy
& account?
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Answer Posted / surya
Generally, in which the payments are to be made in the future by arrangement between a buyer and seller is known as account.
A Bookkeeper's cronological list of related debits and credits of a business;forms part of a ledger of accounts is known as accounting.
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Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572
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