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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

I have been teaching “SIMPLE SECRETS BEHIND DIFFICULT ACCOUNTING-CONCEPTS”. These secrets are a result of umpteen mistakes I have committed in the course of preparing more than 700 real-life balance-sheets and over 150 real-life project-reports, all manually. In my method, entire syllabus can be covered in about one-tenth of the time taken by traditional method. And, these secrets become a life-long asset for the learner. Also, studying advanced chapters becomes very much easier. I am from Bangalore. Anybody interested?
Yes ,I my self is interested to learn these secrets,I am also a commerce teacher. I am also a commerce teacher having so many years of experience
A. Hari Prakash
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What is a general ledger?
A general ledger is the master set of accounts that summarize all transactions occurring within an entity. It is an accounting information that a business uses to build financial reports.
Franziska
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What about a good computerized language which I can learn soon?
if you are a beginner then you can start with java because it is in high demand, but you should practice the programs from class 11 and 12 isc books because there are lots of programs to implement, after...
Sabat

How to make pakka Nati style Chicken Biriyani?
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What are debits and credits?
Debit and credit are the effect which we give the transaction in case of accounting transaction which is differ and based on the nature of transaction
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