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Accounting originated in ancient Mesopotamia. The development of accounting stemmed from the development of writing, counting, and money and has been in practice since.
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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
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.
What language does the word contabilitate originate from?
The word "contabilitate" originates from the Romanian language. When translated into English it means "accountancy" which is related to the profession of accounting.
Where does the phrase in the black red originate?
'In the black' and 'in the red' originate from classic accounting. Credits are entered in the journal in black ink, and debits are entered in red ink. After they are all totalled together, you are making a profit if your total is 'in the black'. If, however, the total is 'in the red', you are operating at a loss.
From what country did MYOB software originate?
MYOB is accounting software, it originated in and still serves Australia mostly. It also serves many other countries because it is just software and can be downloaded.
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
