1) recording 2) classifying 3)summarizing 4) interpreting
1) recording 2) classifying 3)summarizing 4) interpreting
Major aspect of accounting in any business organization is financial accounting and inventory accounting. While the financial accounting deals with the monetary aspects the inventory accounting deals with the quantitative aspects of the goods and services of the business organization. Important financial accounting aspects are payment voucher, journal voucher, cashbook, general ledger, bank reconciliation and trial balance. Important inventory accounting aspects are opening balance, purchases, sales and closing balance.
Major aspect of accounting in any business organization is financial accounting and inventory accounting. While the financial accounting deals with the monetary aspects the inventory accounting deals with the quantitative aspects of the goods and services of the business organization. Important financial accounting aspects are payment voucher, journal voucher, cashbook, general ledger, bank reconciliation and trial balance. Important inventory accounting aspects are opening balance, purchases, sales and closing balance.
Simi Kedia has written: 'The economics of fraudulent accounting' -- subject- s -: Accounting fraud, Economic aspects, Economic aspects of Accounting fraud
"Accounting Standards" are what governs various ethical and legal aspects of accounting. It does not "stand" for anything.
Gary Siegel has written: 'Behavioral accounting' -- subject(s): Accounting, Psychological aspects, Psychological aspects of Accounting, Research 'What corporate America wants in entry-level accountants' -- subject(s): Accountants, Accounting, Training of, Study and teaching
which is different from accounting,refers to the mechanical aspects off accounting, such as recording,classifying,and summarising transactions.bookkeeping is therefore a part off accounting....
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what are the examples of internal accounts
There are 4 phases of accounting as follows:RecordingClassifyingSummarizingInterpration
Jianxin Qiu has written: 'Xin ren wen hua de duan lie' -- subject(s): Accounting, Fraternal organizations, Moral and ethical aspects, Moral and ethical aspects of Accounting