What is the difference between Finance and Accounts?

Answer Posted / rajasekharreddy

Finance is an activity, which deals with raising funds and their effective utilization in the business. Accounting is a part of finance.

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

a cc. has balance Rs. 8,40,000 at the credit of profit and loss a/c this balance is used for redemption of debentures what will be the entry

1604


Are there any questions you would like to ask?

711


dear sir,how to maintain petty cash book. its voucher and posting on cash book and ledger A/c?

1138


what is core accounting?

1940


Tell me do you think there is any difference between inactive and dormant accounts?

705






What is an interest rate swap

1785


in our co we are sales of good to branch in order sales+fright, branch made jv entry in own book as full amount debit and credit. now our book show sales without freight but branch shows including freight that why differences is arise due to wrong entry passes pls clarify this entry and this entry is done last year book now balance is finalize.

1628


What are the important things to be remembered while preparing a bank reconciliation statement?

746


hi to all.... what is the treatment for Work-In-Progress in Tally...please answer for it as early as possible... thanks & regards

1742


What is invoice processing can u explain it?

2556


Define offset accounting?

718


Scope and nature of Accounting

1742


In tally when accounts with inventory ,when working in units of measurement under this after creating unit ,if we want to change the unit due to some mistake why does the cursor does not stop in the decimal field? And why the used units do not get deleted in the alter section?

1539


IS THERE ANY DIFFERENCE BETWEEN PAID UP CAPITAL AND PAID IN CAPITAL?

1752


What is capital adequacy ratio? What is demat account?

768