--%>

What is Account

What is Account. Explain briefly.

E

Expert

Verified

Account: Account is an accounting word and to know regarding why account is very essential who's duty to maintain accounts and as well those who have no base of accounting.

   Related Questions in Financial Accounting

  • Q : Why teaching of accounting is not simple

    Why teaching of accounting is not simple. Illustrate this statement.

  • Q : Monetary approach to determine exchange

    Derive and explain monetary approach in order to determine the exchange rate.

  • Q : Proceeds on disposal The following

    The following information is taken from the financial statements of an entity: 20x4 20x3 Property, plant and equipment $4,600,000 $4,200,000 Accumulated depreciation (1,800,000) (1,350,000) Depreciation expense 560,000 Gain on disposal of PPE 65,000 The asset disposed of had a cost

  • Q : Acc company A began operation on

    company A began operation on january 1,2012. The annual reporting period ends December 31.The trial balance on January 1,2013 was as follows

  • Q : Creatives and Suites What happens when

    What happens when creativity based on individual exceptionalism has evolved as part of the orthodoxy of Western managerial practice is applied within a creative business organisation in the business of “symbolic production&rdquo

  • Q : What is Creditors Equity What is

    What is Creditor's Equity. Also write down its formula.

  • Q : Define sale Define the meaning of sale

    Define the meaning of sale in Accountancy?

  • Q : Separately-priced-items strategy

    Problem 1.  The manager of Joe's Menswear has noticed that over the past two holiday seasons their usual sales strategy of marking down prices has not been yielding the boost in revenues that it once did.  JM sell men's suits, dress shirts,

  • Q : What is Asset Management Asset

    Asset Management: The Asset management has two common definitions, one associating to advisory services and the other associated to corporate finance. In the initial instance, an advisor or financi

  • Q : Objectives of Bretton Woods’s system

    State main objectives of Bretton Woods’s system?