what is accouting

Answer Posted / raghu.v

Its an art.Summarizing ,Classifying,Recording in the systematic way of Business Transaction is called as Accounting.

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the definition of LOSS. Give the formula if any.

1803


What is meant by Nostro Reconciliation

1750


can any one tell me what kind of qns are asked in gail entrance test. i m apearing for the exam of accounts & finance. please let me know the ans on my id pragneshmall1@gmail.com

1617


whts is the meaning of over cost and under cost, what is difference ?

11532


Short Answer on __________Trade

1542






impairment & Amortisation Means

1629


what is the core accounts

1765


What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?

1664


Short Answer on _________Commerce

1505


why the RRB'S not lend loans directly to farmers?

1605


Hello every one i'm going to interview for as an account profile company is construction works so plz guys help me about furthering interview question

1809


can you define exogenity endogenity both terms are from economics both are different from exogenous & endogenous variables. I can not find the answers. please help if you can....

1892


How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?

1950


Explain about Fluctuating Capital

2257


1.tell about urself? 2.wt is BRS? 3.VAT? 4.Golden principle of accounting?

2109