0
Assets, Liabilities, Expenses, Income & Equity.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What is nature meaning and elements of accounting theory?
Accounting Theory is defined as the study of methodologies and financial accounting principles. The Accounting Theory is continuously-evolving and changing.
3 basic accounting elements?
Three basic accounting elements include assets, liabilities and stock holders' equity. These components are all listed on the balance sheet.
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
Differentiate cost accounting system from financial accounting system?
Q.5 Differentiate Financial Accounting and Management accounting
Do the basic elements of financial accounting apply to all businesses?
hire purchase system
What is nature meaning and elements of accounting theory?
Accounting Theory is defined as the study of methodologies and financial accounting principles. The Accounting Theory is continuously-evolving and changing.
3 basic accounting elements?
Three basic accounting elements include assets, liabilities and stock holders' equity. These components are all listed on the balance sheet.
What is the 3 basic accounting elements?
A.asset B.liability C.capital
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
Differentiate cost accounting system from financial accounting system?
Q.5 Differentiate Financial Accounting and Management accounting
What is the 5 main function of accounting?
The 5 major functions of accounting are recording, classification, analysis and Interprets, Communication and Summarizing. These functions defines the accounting profession.
Give the 3 basic of accounting elements?
assets, liabilities, and owners equity
Which elements does an allocation rule link together?
An MCC group and an accounting code
Do the basic elements of financial accounting apply to all businesses?
hire purchase system
What are 5 pillars of accounting?
Assetsliabilitycapitalincomeexpense
What is the 12 elements that together account for 0.7 percent of the body weight with each accounting for no more than 0.02 percent?
trace elements
An accounting code structure consists of which elements?
Before you can modify an accounting code view, what needs to be in place?
