what is the difference between accounts and finance ?
- 5 Answers
- 7922 Views
- ABC, CA, I also Faced
- E-Mail Answers
Answer Posted / pratyush-anand
Account refers to statements in which we records day to day transaction relating to the business.it has two sides one is debit and other side is credit.but in the other hand finance refers to management of money and valuables in the business. finance are two types
1. public Finance
2. private finance.
Accounts deals only inside of an organisation where as finance deals both inside and outside of an organisation.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is the distinction between cost accounting and management accounting?
what are the different methods of teaching share and debenture to pre degree students
Explain me what makes a successful account manager?
What is account receivable?
In South Africa , the current rate for value added tax is ?
what is addition of Opening Balance and net profit transfered from profit and loss account called
Tell me what are the key tasks for account executive?
Tell us what is the abbreviation for the accounting terms debit and credit?
At the time of depreciation run we selected actual dep key is 5% but we taken 7% so the depreciation was posted wrongly how to rectify it?
One Institute, after completion of course not issue any certificate to students, they issued certificate from other branded institute with cost (Kindly provide the term of this expenditure to appear in P&L a/c)
What are the different fields of accounting?
Is buy or sale trade will impact on Nov? Yes/No Please explain.
what is mean by sample account and data transfer rule in SAP FI?
What is customer account?
After close Balance Sheet, we find a expense which was wrongly debited in Profit and Loss A/c. How we adjust next accounting period?
