iam so weak in accounting i want to know what is accounting?

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  • iam so weak in accounting i want to know what is accounting?


Answer #1 | 15/12 2013 01:49
1, 2, 3, 4, 5. That is a counting.
Positive: 52 %
Answer #2 | 15/12 2013 01:51
An accountant is an individual who performs accounting tasks for individuals or companies. The exact material that an accountant handles varies depending on the size of the company and the accountant's specialization, but generally includes financial records, taxes, and responsibility for the issuing of financial reports. An accountant is one of the primary figures in a business that he or she works for, whether it is a multinational corporation or a small family owned business. Requirements to become an accountant vary upon specialization and nation, but generally include certification through a professional agency and a basic college degree in accounting and finance.
Positive: 46 %
Answer #3 | 15/12 2013 01:56
Accounting is a form of recordkeeping. You keep accountable records of what you have bought, what you have on hand, what you have paid for. You subtract your purchases from your account balance, like your business account checking balance and add amounts to debits that you deposit into the account. These records come in handy when you have to do your income taxes and you need information without having to go through all of your receipts (but you keep receipts just in case). You will be able to easily tell what you have purchased by day, by week, by month, by year, by vendor, etc., plus the amount.
Positive: 26 %

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