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.
Functions of work Measurement: 1. To analyze the operations and to evaluate them in terms of time from the point of view of controlling the activity. 2.
In a diverse team, a "fault-line" refers to: a. Cases in which a team tends to find fault or blame in the other team members rather than their own behaviour b. Cases in which group
Minnie Lee is an engineer with a multi-national aerospace company that produces fuel-line components for all types of air and space craft. Minnie discovered a potential defect in a
Nuvyug Industries Ltd. Has an annual requirement of 5,000 pieces of brake cylinders for its popular brand of golf carts. Each brake cylinder has a carrying cost of ` 25 per unit pe
To complete this scenario, use the Confidence Interval Calculator and the Area Gas Prices %u2013 Random Sample documents, provided in the Resources. The Minneapolis Star Tribune
Case Study: The ePoint Store stocks paint in its warehouse and sells it online on its Internet Web site. The store stocks several brands of paint; however, its biggest seller i
List five considerations to consider when starting to define the scope of the business process outsourcing transaction and discuss the importance of each in relation to outsourcing
Training and Development -Suggestions on how to write 1. Internet appeal how would you go about do that for fundraising 2 Print Advertisement 3. Special Events
A research team conducted a study of soft- drink preferences among residents in a test market prior to an advertising campaign for a new cola product. Of the participants, 130 are
Giving employees explicit rights to free speech, just cause dismissal, and information are three possibilities for transforming U.S. labour law.
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: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd