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BCom Tuition > what do you mean by accounts
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what do you mean by accounts

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M.Com., MBA

Financial records of an organization that register all financial transactions, and must be kept at its principal office or place of business. The purpose of these records is to enable anyone to appraise the organization's current financial position with reasonable accuracy. Firms present their annual...
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Financial records of an organization that register all financial transactions, and must be kept at its principal office or place of business. The purpose of these records is to enable anyone to appraise the organization's current financial position with reasonable accuracy. Firms present their annual accounts in two main parts: the balance sheet, and the income statement (profit and loss account). The annual accounts of a registered or incorporated firm are required by law to disclose a certain amount of information. And have to be certified by an external auditor that they present a 'true and fair view' of the firm's financial affairs. read less
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Interested to teach to class 1 to 5 , 6 to 10 , 11&12

Accounting is the recording of financial transactions of a business or organization. It also includes the process of summarizing, analysing and reporting these transactions in financial statements.
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Finance Associate

In simple words systematic records of business transactions.
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Finance Associate

In simple words systamatic records of business transactions
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Study Camp Coaching Center

Accounting is the art of recording and summerizing activities of financial transaction.
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MBA Finance trainer

Accounts is a Financial records of an organization that register all the financial transactions and must be kept at its principal office or place of business.
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M.com

Account is Tabular Represtentaion of transaction of the related party
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I am a financial Accountancy teacher, having Bachelor and master degrees in Business Administration and apart from that having MA in Public Administration.take a free of cost demo class. STuDENT:TEAcHER trust begin here.

Accounts or Accounting in a basic term is recording the transactions in journal,classifying the journal into ledger form, summarizing it into a trial balance and communicating all transactions to its all stakeholders and shareholders into a final accounts(trading and p&l accounts and Balancesheet) form.thank...
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Accounts or Accounting in a basic term is recording the transactions in journal,classifying the journal into ledger form, summarizing it into a trial balance and communicating all transactions to its all stakeholders and shareholders into a final accounts(trading and p&l accounts and Balancesheet) form.thank you Aravindan ji.i hope you you understood it.if still any doubt,i m happy to explain more again with more passion.thank you. read less
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Commerce Master

accounting is a language of business which communicate to internal and external users as manager, employee, investers, creditor etc.
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its the process of recording, classifying, summarizing the business transactions that can be measured in monetary terms.
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Related Questions

What is the difference between accounting and accountancy?
Accounting: To keep the record of each and every finance activity either in the ledger or journal form is called as accounting. It also depends on nature of business so accounting has the different meaning...
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i hv 7 years experience am persuing CA-IPCC I WILL charge 5500 for 35 hrs
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