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Accounts is the language of business. It records and processes the business transactions and generates useful information for the managers and stockholders.
Reference: http://www.gripaccounting.com/financial-accounting/introduction/
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∙ 12y agonumber crunch
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Define 'Accounting' Distinguish between Financial Accounting and Management Accounting?
Define 'Accounting' Distinguish between Financial Accounting and Management Accounting
What are the subfields of accounting?
1. Financial Accounting 2. Cost Accounting 3. Management Accounting 4. Social Accounting 5. Human Resource Accounting 6. National Accounting
What are the different fields of accountung?
1- Cost Accounting 2 - Financial Accounting 3 - Management Accounting
What is the 3 golden rules of accounting?
personal accounting nominal accounting real accounting
What are the accounting area governing accounting profession?
what are the accounting areas governing accounting profession
How does management accounting differ from cost accounting?
Management accounting includes both financial and cost accounting, tax planning and tax accounting. Cost accounting, on the other hand, does not include financial accounting, tax planning and tax accounting.
What are accounting principles?
The Accounting Principles are the assenition rules of accounting and the application of these rules, method & procedures to actual practice of accounting. These Accounting principles have been divided into a. accounting concepts b. accounting conventions.
3 important activities in accounting process?
real accounting, nominal accounting,personal accounting
What are the major categories of accounting?
Following are major categories of accounting: 1 - Cost accounting 2- Financial accounting 3 - management accounting
Is Management accounting starts where financial accounting ends?
Management accounting starts where financial accounting ends
What is the difference between manual accounting and tally accounting?
what is the difference between manual accounting and tally accounting?
The difference between accounting nations and accounting commerce?
the difference between accounting nations and accounting commerce
