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!
Q. What do you mean by Accounting Environment?
Record keeping in an accounting sense is deliberation to have begun about 4000 BCE. The control, record-keeping, and verification problems of the ancient world had many characteristics similar to those we encounter today. For illustration, an ancient government as well kept records of receipts and disbursements and used procedures to check on the honesty and reliability of employees.
A study of the progression of accounting suggests that accounting processes have developed primarily in response to business needs. As well economic progress has affected the development of accounting processes. History demonstrates that the higher the level of civilization the more elaborates the accounting methods.
The emergence of double entry bookkeeping was a critical event in accounting history. In 1494 a Franciscan monk Luca Pacioli illustrates the double-entry Method of Venice system in his text called Summa de Geometric, Arithmetical, Proportion and Proportionate (Everything about arithmetic, geometry, and proportion). Several consider Pacioli's Summa to be a reworked version of a manuscript that circulated among teachers and pupils of the Venetian school of commerce and arithmetic.
Seeing as Pacioli's days the roles of accountants and professional accounting organizations have expanded in business and society. As professionals accountants have a accountability for placing public service above their commitment to personal economic gain. Complementing their compulsion to society accountants have analytical and evaluative skills needed in the solution of ever-growing world problems. The special capability of accountants or their independence and their high ethical standards permit them to make significant and unique contributions to business and areas of public interest.
Q. Learning objectives of Accounting? Describe and identify the three basic forms of business organizations. differentiate between the three types of activities per
3. Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
Comprising examined the conceptual origin of the balance sheet we will here try to study the balance sheet by itself. We have observed that every transaction influences the financi
a.Compute the number of preferred shares that were issued during 20X6, which is Preferred stock, $100 par value, 10% $580,000 $500,000
Along with a view to harmonise varying accounting policies and practices recently utilize in India, the Institute of Chartered Accountants of India (ICAI) created the Accounting St
Balance sheet is related along with reporting the financial position of an entity on a specific point in time. Such position is conveyed in terms of listing all the things of value
assignments
Q. Accounting Education Change Commission? Accountants in practice as well as business executives have generally been dissatisfied with accounting graduates' capability to thin
Trading account is ready to ascertain the Gross Profit and Loss of a firm; here Gross Profit is the excess of total revenue over cost of goods sold as the credit side of the tradin
Direct expenses comprise all those expenses incurred in bringing the goods to the place of business or trade or in-production process till the goods are placed in saleable places.
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