Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Explain accounting.
Accounting: It is an art of classifying and recording data. Now there data refers to transactions having monetary or financial values. As per to this, accounting is only an art and not a science. This contention is held due to the fact that the principles and rules of accounting are not based upon general truths and natural laws as any physical science or mathematical. Accounting has its own laws that apply equally well in same circumstances for similar business transactions.
Art of recording: It is an art of recording business transactions in the books of accounts in a systematic way soon after their occurrence. It is done in a book termed as 'Journal' and in other subsidiary books of accounts as Cash Book.
Art of classifying: Classifying is a process of entries of one nature or grouping transactions in one place. It is done by opening accounts in a book termed as 'Ledger'. To get the accurate idea of net effect of transactions already recorded in a journal or subsidiary books, they are subsequently processed and grouped. The same transactions relating to a particular account for a specified period are brought together. After that they are recorded at one place termed as ledger that classifies all transaction under different heads, expenses and persons.
1. Discuss the various elements of strategic leadership. 2. Do you believe that one's propensity to become a leader is an acquired skill or that the ability to be a leader is so
What are companies that have low customer contact and are capital intensive; yet provide a service, called?
According to a review of major U.S. companies, four stages of structural development are consistently present. At which stage does product demand become so high that a crisis devel
Kristina places an order for a cake on Flowers bakery's web site. She then calls the baker to tell him that she will pay him $1000 for the specially designed cake if he will guaran
what are the problems of layouts like: functional , line layout in production & operation mangement subject
Karen Villagomez, president of Wright Industries, is considering whether to build a manufacturing plant in the Ozarks. Her decision is summarized in the following table: Alternativ
Use your critical thinking skills and discuss what you can deduce from this data. Please think about both behaviours and processes and linkage to the quality management program.
what do you understand by line balancing
Provide two examples of current leaders and describe how they demonstrate their leadership characteristics. What separates these characteristics from management techniques? How eff
Analyze the relationship between analysis, planning, implementation, and control. Provide an example of a product or service that flows through the relationship. Break down this pr
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd